5
$12,500,000 Sale
Listed 9 hours ago
624 MCGEACHIE DRIVE
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Key Facts
Key facts for 624 MCGEACHIE DRIVE
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
W14177952
Size
30500 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Solid Investment for the future. Net leased industrial building in 4th year of 5 year term.5 year Renewal option in lease. Rates to be negotiated in 5th year. Tenant is Axalta Coating Systems, a premier global manufacturer of automotive coatings and repair products.Majority of distribution from thi...s plant. Two plants in Milton area are an integral part of Companies global operations.Roof replaced in 2024. Numerous upgrades to building including Tyco, Ansul sprinkler fire suppression system, Draiger air monitoring system, back up generators and nitrogen regeneration system. 800 amp/600 volt electrical system.M-2 zoning with outside storage. Replacement cost of building far greater than list price.Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 McGeachie sold to one Buyer. (id:10452)
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Listing courtesy of: Nucorp Realty International
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