$ 10,499,000
-
$10,499,000
Price -
0
Bed - Bath
-
93,981
SqFt
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About the Listing 063403 -
Rare fully occupied investment opportunity offering approximately 7% cap rate currently with upside as high as 9% within four years due to escalations and lease renewals. High-quality roster of tenants who plan to stay long-term. Flexible zoning allows outside storage and property sits on 12.2 total acres with approximately 4 acres of unutilized excess land for future development potential to add additional units or for outside storage usage. Extensively upgraded building with new LED lighting, new exterior and interior metal cladding, new electrical wiring, and other work too extensive to list - $2.2 million spent on upgrades over last 8 years. Great building specs with 20 ft clear height in 80% of the building and 16 ft clear height in 20% of the building, and abundant dock-level and drive-in shipping doors.
Listing Highlights for 1 Firestone Rd
Status
Active
Days on Site
125
Property Type
Commercial Sale
MLS ®
X12133154
Year Built
Total Square Footage
93,981
Lot/Acreage
12.17
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Partial
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sanitary+Storm
Financial Details
- Tax Amount: $33,344
- Taxes w/Assessments: N/A
- Tax/Property ID: 096130004
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
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Years
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Listing Location
Questions About..
1 Firestone Rd Strathroy-Caradoc, ON N7G 4L9
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