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1094 Westport Cres 15,393 SF 100% Leased Industrial Building Mississauga, ON L5T 1G1 $12,314,400 CAD ($800 CAD/SF) 2.92% Cap Rate

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EXECUTIVE SUMMARY

15,393 sq ft industrial building (main floor) : Detached Brick & Block & Steel Structure,. Fenced & paved lot, 10 - 10 & 12 FT Grade Level Doors, 4 Fully Demised units. Separately metered with gas, hydro - Radiant Heating with One FAG unit & Roof Mounted Air Conditioning Units. Legally registered municipally as multi-tenanted industrial complex with Two Registered Auto Body Spray Booths (1 Truck Down Draft Spray Booth). 600 Volt 600 Amp 3 Phase Electrical, Sprinklers, Oil Separator, Full Outside Storage Allowance 2015 Environmental Phase I & II Reports & Review & Reliance Letter.

ATTACHMENTS

1094 Westport

PROPERTY FACTS

Price $12,314,400 CAD
Price Per SF $800 CAD
Sale Type Investment
Cap Rate 2.92%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.84 AC
Rentable Building Area 15,393 SF
No. Stories 1
Year Built 1979
Parking Ratio 3.25/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 9
Zoning E3 - Employment Industrial Zone

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Absolut Automotive
  • -
  • -
  • -
  • -
  • Gallego's Auto & Detailing
  • -
  • 3,000 SF
  • -
  • -
  • Protech Auto Repair
  • -
  • -
  • -
  • -
  • Ser 68 Auto Body Solutions Inc
  • -
  • 3,000 SF
  • -
  • -
  • Westport Auto Collision Inc
  • -
  • 1,546 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Absolut Automotive - - - -
Gallego's Auto & Detailing - 3,000 SF - -
Protech Auto Repair - - - -
Ser 68 Auto Body Solutions Inc - 3,000 SF - -
Westport Auto Collision Inc - 1,546 SF - -
  • Listing ID: 16573707

  • Date on Market: 2019-07-10

  • Last Updated:

  • Address: 1094 Westport Cres, Mississauga, ON L5T 1G1

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