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$50,000,000
Status: For Sale
The Property comprises two multitenant industrial buildings totaling 78,379 sf on 8.7 acre parcel of land, including 3.4 acres of leased outdoor storage space. Located in central Vaughan's sought-after industrial node near Highways 7, 400, 407, and Vaughan Metropolitan Centre, providing connectivity to amenities, transit, and labor pool, including the Smart VMC 100-acre master planned community which is expected to house 45,000 people. The building has clear heights ranging from 13-23 feet, with 8 truck-level doors, 18 drive-in doors, flexible commercial zoning. The Asset's are demised into 10 units ranging in size from (2,500-21,250 sf), fully leased to diverse mix of tenants, and a W.A.L.T. 3.9 Years, with in-place rents averaging ~$21.55 psf. The Property has benefited from strong recent leasing activity due to it's superior quality, location, and unique outdoor storage offering, attracting an influx of tenants.
| Property Type | :Commercial |
|---|---|
| MLS Number | :N9378011 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :02 Oct, 2024 (46 Days ago) |
| Source | :TRREB |
| Area | :York |
|---|---|
| Community | : Brownridge |
| Postal Code | :
L4K 1K3
|
| Price | : $50,000,000 |
|---|---|
| Property Taxes | :$140064.85 |
| Tax Year | :2024 |
|---|
| Cross Street | :HWY 407 & Dufferin Street |
|---|
| Fireplace/Stove | :No |
|---|
02 Oct, 2024
TREB #N9378011
Available
$50000000.0
