|
"Also for lease at $3.50 psf Net"
|
|
|
|
|
| |
|
| Farida Allie |
|
Email Farida |
| |
|
Phone: |
(1) 519-585-2334 |
|
Cell: |
(1) 519 722 0816 |
|
|
|
|
|
|
|
|
Address:
105 Glasgow St
Type: Commercial
Style: Heavy Industrial Building
Size: 64,566 sq. ft. "Includes 7220 sf finished office"
Lot Type: Rectangular
Lot Size:
3.95 acres
Year Built: n/a "Last addition 1973"
Taxes: $74,737.00 (2008)
MLS®: 0934765
|
|
|
|
|
|
Kitchener, Ontario. 64,566 sf heavy industrial building on 3.95 acres. Includes 7,220 sf finished office. Various bay sizes and ceiling heights. Last addition in 1973 when 14,700 sf bay with 40ft clear ceiling was built. One 20 ton, one 10 ton and one 6 ton are in this bay. One acre of parking. Guard station. Well maintained. No significant environmental issues. Was part of former Uniroyal tire plant. Entire site of 52 acres was tested over 10 years ago. Current tenant has been there for 15 years. Many cranes from 1/4 ton to 20 ton plus jibs.
Only $26.33 psf at $1,700,000. If leased for $3.50 psf would represent a Cap rate of over 13%. Call or email me to discuss. Thanks. |
|
| |
|
|
|
▪
64,566 sf heavy industrial building
|
▪
3.95 acres
|
|
▪
one acre parking
|
▪
7,220 sf finished office
|
|
▪
Many cranes from 1/4 ton to 20 ton plus jibs
|
▪
Possession September 2009
|
|
▪
No signifiicant environmental issues
|
▪
One bay with 20 ton crane has 40 ft clear ceiling and drive in door for transport truck
|
|
▪
Only $26.33 psf @ $1,700,000
|
▪
If leased at $3.50 Net would represent a Cap rate of over 13%
|
|
|
|