3551 Bleams Road & 220 Bergey Court _Property for Sale
3551 Bleams Road & 220 Bergey Court _Property for Sale
New Hamburg, ON, CA, Americas

3551 Bleams Road & 220 Bergey Court

Portfolio description

Jones Lang LaSalle ("JLL" or "Advisor") on behalf of its client Ontario Drive and Gear Limited ("ODG"), is pleased to offer for sale a 100% freehold interest in two high-quality industrial facilities totaling 125,399 sq. ft. on an oversized 8.15 acre lot. 3551 Bleams Road and 220 Bergey Court, New Hamburg (the "Property" or "Offering") are strategically located along Highway 8, directly west of Kitchener. The facilities will be leased back by ODG on a proposed 10 year lease term. Constructed in 2000, 3551 Bleams Road is a modern facility comprised of 57,042 sq. ft. and is home to ODG's Gear Division. On the same parcel is 220 Bergey Court, the original facility which houses ODG's Vehicle Division where the Argo lineup of all-terrain vehicles are manufactured.

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Investment Highlights

  • Triple Net Carefree Industrial Investment
  • Long-established Tenant with Unique and Diversified Operations
  • Located in Rapidly Growing Southwestern Ontario Industrial Market
  • High Quality & Versatile Asset at Well-below Replacement Costs

Attributes

Land area gross
8.15 acres
3551 Bleams Road & 220 Bergey Court (2 Properties)
3551 Bleams Road & 220 Bergey Court (2 Properties)

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Last updated
26 Nov 2024