1144 Industrial Road_Propriété à vendre
1144 Industrial Road_Propriété à vendre
1144 Industrial Rd, Cambridge, ON, N3H 4W4, CA

1144 Industrial Road

Description de l'actif

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” and/or the “Advisor”), is pleased to present the opportunity to acquire a 100% freehold interest in 1144 Industrial Road, Cambridge, Ontario (the “Property” or “Offering”). Constructed in 1966, the Property offers 69,570 square feet (“sf”) of functional industrial space, featuring 14’ clear heights, 13 loading doors, along with a fenced yard allowing for outdoor storage. The Property is strategically situated on a 7.0-acre corner lot in a well-established industrial park, just two kilometers from the Hespeler Road and Highway 401 interchange, providing convenient access to the Greater Toronto Area (“GTA”) via the series-400 highway network. The Property is currently fully leased to three tenants with average in-place rents that are positioned approximately 22% below market, and a combined weighted average remaining lease term (“W.A.L.T.”) of 4.2 years, providing an investor with healthy cash flows with annual escalations and the opportunity to increase rents in the near term.


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Attributs

Superficie du terrain brute
2,83 ha
Superficie du bâtiment nette
6 463 mètres carrés
Hauteur claire
4,27 m
Occupation
100 %
VALSE
4.2 années

Média

Points forts de l'investissement

  • Attractive Tenant Roster
  • Highly Functional & Adaptable Asset
  • Robust Industrial Market

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1144 Industrial Road (0 Propriétés)

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Dernière mise à jour
21 oct. 2024