Nest Seekers

Fully leased income producing industrial investment situated on a 7.

243 Queen Street
Hamilton L8R 3N6
Canada

Listing

Web ID:5821818
Website:https://www.nestseekers.com/5821818

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C12,250,000
($8,741,800)
(€7,798,900)
Annual Taxes:C198,465.95

Description

Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton's West Harbor. The property offers approximately 80,939 SF across three industrial units and is being offered at a 6.73% going-in cap rate, with a 3.8-year WALT and built-in rental escalations. The building features clear heights reaching approximately 54', eight drive-in doors, and four cranes: one 45-ton, two 30-ton and one 5-ton. Zoned D2 and P5, with significant land area, ample surface parking and outdoor yard space. An opportunity to acquire a stabilized industrial asset with secure in-place income and contractual rental growth.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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