Commercial Real Estate in Tilbury available for sale
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Research & Development Property for Sale near Tilbury

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Research & Development Properties for Sale Within 5 kilometers of Tilbury

More details for 540 Park Avenue East, Unit 4A-B & Unit 5 – Industrial for Sale, Chatham, ON

540 Park Avenue East, Unit 4A-B & Unit 5

  • Industrial for Sale
  • Price Upon Request
  • 94,000 SF
  • 2 Industrial Properties

Chatham Portfolio of properties for Sale

540 Park Avenue East presents an opportunity to acquire a multi-tenant industrial condominium investment in Chatham, Ontario. The property consists of Units 4A, 4B, and 5, totaling approximately 95,297 square feet, with 90% occupancy and long-term tenancy in place. MSSC Canada Inc., a subsidiary of Mitsubishi Steel Manufacturing and a global supplier of automotive and off-road suspension solutions, occupies the majority of the asset through leases extending to 2030. The property is configured to support a variety of industrial operations with 24-foot clear heights, multiple drive-in doors, truck-level loading capabilities, radiant gas heating, municipal services, a full sprinkler system, and 400-amp electrical service. The combination of warehouse and industrial manufacturing space supports a broad range of occupier requirements and contributes to the property's long-term leasing flexibility. Located within Chatham's established industrial corridor, the asset benefits from access to regional transportation routes serving Southwestern Ontario and cross-border trade markets. The M1-743 General Industrial zoning permits a wide range of industrial and commercial uses, supporting future tenant demand and operational flexibility. The property's existing lease structure consists of triple-net agreements with recoverable operating expenses, providing predictable income characteristics for investors. Current tenancy includes approximately 86,000 square feet under lease with contractual rental escalations and lease terms extending through 2030. The vacant Unit 4B component provides future leasing upside while maintaining significant in-place occupancy. The combination of established industrial tenancy, functional building features, and industrial zoning positions the property as a stabilized investment with future value-add potential.

Contact:

CBRE, Limited

Date on Market:

2026-07-17
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Research & Development Properties for Sale in Tilbury

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How many research & development properties are available for sale in Tilbury?
There are currently 1 research & development properties available for sale in Tilbury, offering a unique opportunity for businesses to establish a presence.
How big are the research & development properties available for sale in Tilbury?
The average size of research & development properties available for sale in Tilbury is about 7,500 SF. The largest research & development properties available to buy is 7,500 SF and the smallest is 7,500 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
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