Property
Ownership: | For Sale |
---|---|
Type: | Unknown |
Bedrooms: | Studio |
Pets: | Pets No |
Financials
DescriptionA prime commercial investment opportunity in the Durham Region! With highway exposure and its own dedicated exit on Hwy 115, this property offers unmatched visibility and accessibility just 3 minutes from Hwy 407 and 7 minutes from Hwy 401. Spanning 8.84 acres (M1 zoning), the site has been severed to provide flexible purchase options, including a full package or separated land and warehousing portions. The property features two fully leased warehouses, including a 55,000 sq. ft. building with a brand new roof and renovated offices, and an 8,000 sq. ft. building, both occupied by AAA tenants providing long-term stability. With a 5.17% cap rate at the warehousing price point, this is a rare chance to secure a premium commercial asset in a high-growth corridor.Amenities- Major Highway
- Partial
A prime commercial investment opportunity in the Durham Region! With highway exposure and its own dedicated exit on Hwy 115, this property offers unmatched visibility and accessibility just 3 minutes from Hwy 407 and 7 minutes from Hwy 401. Spanning 8.84 acres (M1 zoning), the site has been severed to provide flexible purchase options, including a full package or separated land and warehousing portions. The property features two fully leased warehouses, including a 55,000 sq. ft. building with a brand new roof and renovated offices, and an 8,000 sq. ft. building, both occupied by AAA tenants providing long-term stability. With a 5.17% cap rate at the warehousing price point, this is a rare chance to secure a premium commercial asset in a high-growth corridor.
- Major Highway
- Partial
A prime commercial investment opportunity in the Durham Region !
DescriptionA prime commercial investment opportunity in the Durham Region! With highway exposure and its own dedicated exit on Hwy 115, this property offers unmatched visibility and accessibility just 3 minutes from Hwy 407 and 7 minutes from Hwy 401. Spanning 8.84 acres (M1 zoning), the site has been severed to provide flexible purchase options, including a full package or separated land and warehousing portions. The property features two fully leased warehouses, including a 55,000 sq. ft. building with a brand new roof and renovated offices, and an 8,000 sq. ft. building, both occupied by AAA tenants providing long-term stability. With a 5.17% cap rate at the warehousing price point, this is a rare chance to secure a premium commercial asset in a high-growth corridor.Amenities- Major Highway
- Partial
A prime commercial investment opportunity in the Durham Region! With highway exposure and its own dedicated exit on Hwy 115, this property offers unmatched visibility and accessibility just 3 minutes from Hwy 407 and 7 minutes from Hwy 401. Spanning 8.84 acres (M1 zoning), the site has been severed to provide flexible purchase options, including a full package or separated land and warehousing portions. The property features two fully leased warehouses, including a 55,000 sq. ft. building with a brand new roof and renovated offices, and an 8,000 sq. ft. building, both occupied by AAA tenants providing long-term stability. With a 5.17% cap rate at the warehousing price point, this is a rare chance to secure a premium commercial asset in a high-growth corridor.
- Major Highway
- Partial
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.