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