866 Langs Drive
866 Langs Drive, Cambridge, ON, N3H 5P6, CA
14.449 vierkante meter
Beschrijving
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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Kenmerken
Netto gebouwoppervlakte
2.030 vierkante meter
Bruto landoppervlakte
1,17 ha
Bouwjaar
1988
Bestemming
E2
Vrije hoogte
6,1 m
Media
Investeringskenmerken
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.
Contact adviseurs
6180 Danville Road - Weber SLB (Canadian) (0 Eigendommen)
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Laatst bijgewerkt
9 sep 2025
