Fully leased income-producing industrial investment situated on a 7.44-acre site near Hamilton’s West Harbor. The property offers approximately 85,000 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 15-ton and 45-ton cranes. 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. (id:31684)
Property Features
Water Features
Public
Basement
None
Listing Courtesy: Real Broker Ontario Ltd.
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EXIT REALTY HARE (PEEL), BROKERAGE
134 Queen Street E. Suite 100, Brampton, ON L6V 1B2