6180 Danville Road - Weber SLB (Canadian)

6180 Danville Road, Mississauga, ON, L5T 2H7, CA

Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale 100% freehold interest in a single-tenant industrial facility situated on a 1.44-acre site, located at 6180 Danville Road, Mississauga, ON (the “Property” or the “Site”) This single-story industrial facility spans 21,900 square feet ("sf") with 20-foot clear heights, three loading doors, and flexible Employment zoning that can accommodate a wide range of commercial and light industrial uses. Upon closing, the Property will be subject to a 15 year, triple-net sale-leaseback to Weber Marking Systems of Canada ("Weber" or the "Tenant"), a wholly-owned subsidiary of Weber Marking Systems Inc., which has been the sole occupant of the Property since its original construction.

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Attributes

Building area net

2,030 sm

Land area gross

1.17 ha

Year built

1988

Zoning

Clear height

6.1 m

Media

Investment highlights

LONG-TERM TRIPLE NET LEASEBACK

Upon closing, the Property will be leased back to Weber Marking Systems of Canada for a 15-year term at rents in line with market, with escalations. The leaseback will be on a triple-net basis, with. the Tenant assuming all operating and maintenance responsibilities, offering investors secure, long-term income with minimal management required.

STRATEGIC LOCATION

Strategically located within Mississauga, the Property benefits from access to the 400-series highway network, Toronto Pearson International Airport, and the CPKC Railway and CN Railway intermodal terminals, providing connectivity to major population centers and distribution infrastructure across the Greater Toronto Area ("GTA") and Greater Golden Horseshoe.

STRONG MARKET CONDITIONS

Mississauga's industrial market continues to outperform the broader GTA in Q2-2025. As the GTA's largest industrial submarket with 180.8 million square feet of inventory, Mississauga maintains its position as the second-tightest market in the GTA West with a 4.6% vacancy rate with average net asking rents positioned at $17.53 psf.