Solid Investment for the future. Net leased industrial building in 4th year of 5 year term.5 year Renewal option in lease. Rates to be negotiated in 5th year. Tenant is Axalta Coating Systems, a premier global manufacturer of automotive coatings and repair products.Majority of distribution from thi...s plant. Two plants in Milton area are an integral part of Companies global operations.Roof replaced in 2024. Numerous upgrades to building including Tyco, Ansul sprinkler fire suppression system, Draiger air monitoring system, back up generators and nitrogen regeneration system. 800 amp/600 volt electrical system.M-2 zoning with outside storage. Replacement cost of building far greater than list price.Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 McGeachie sold to one Buyer.
Full Property Details
General
Business Type
-
Industrial Area
28975.00 Sq Ft
Total Area
30500.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
1
Double Man Shipping Doors
-
Grade Level Shipping Doors
1
Truck Level Shipping Doors
8
Business Type
-
Industrial Area
28975.00 Sq Ft
Total Area
30500.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
1
Double Man Shipping Doors
-
Grade Level Shipping Doors
1
Truck Level Shipping Doors
8
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Partial
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Partial
Exterior
Depth
332.81
Front
211.7
Lot Size
212 x 332.81 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
M-2
Depth
332.81
Front
211.7
Lot Size
212 x 332.81 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
M-2
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
Milton North
Community
Milton North
Taxes & Fees
Taxes
$71,851 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$71,851 /yr
Tax Year
2025
Occupancy
Tenant
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