624 Mcgeachie Drive

Milton, ON L9T 3Y5

About this property

Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available. Replacement cost of building far greater than list price. This Location with zoning very difficult to match. Great secure investment for the future.

About this property

Solid investment. Leased industrial building.fully equipped and zoned for manufacture and distribution of automotive refinishing and and repair products. Tenant is Axalta Coating Systems. a premier global manufacturer of industrial coatings. Company is based in Philadephia with 2023 sales of 5.5 billion and 12,700 employees worldwide. Net lease with 3 years remaining on 5 year lease. Roof replaced in 2024. Numerous upgrades to building including oversized ventilation system. Tyco / Ansul sprinkler fire suppression system(including in storage racks). Draiger air monitoring system, Nitrogen generation system, tank farm, back up generators, Donaldson air filters, 600 volts /800 amp electrical system. M-2 zoning ( outside storage permitted) Up to date clean environmental report available. Replacement cost of building far greater than list price. This Location with zoning very difficult to match. Great secure investment for the future.

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$14,500,000 New
30,500 SQFT

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