2450 Motorway Blvd, Mississauga, ON, L5L 1X3, CA

2450 Motorway Blvd.

Attributes

Building area net

7,800 sf

Land area gross

48,900 sf

Floors

Parking spaces

110

Grade level doors

Zoning

C3-19

Asset description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale 100% freehold interest in 2450 Motorway Boulevard (the “Property” or the “Site”), a 7,800 square foot (“sf”) automotive asset located in the Erin Mills Auto Centre. The Property is currently vacant, allowing for users or value-add investors to take advantage of a rare land acquisition opportunity within the high traffic auto park that features an existing roster of 21 best-selling car brands.

Strategically located with over 150 feet of frontage on Motorway Boulevard, the Property is zoned C3-19 (General Commercial), permitting a wide range of commercial uses including motor vehicle body repair, motor vehicle sales, leasing and/or rental facility, office, banquet hall and convention centres, university or college campuses, and more. The flexible zoning makes this Property suitable for an array of businesses that will benefit from the prime location in an established auto mall with easy access to arterial networks.

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Investment highlights

Premier Location: Premier location in the Erin Mill Auto Centre offering excellent branding and signage opportunities, with direct access to Highway 403 and QEW

Owner-user Opportunity: Rarely available owner-user opportunity located in a prominently automotive locale, allowing prospective purchaser to capitalize on the limited supply of similar automotive assets

Repositioning Potential: Prospective buyers have the option to reposition the existing building, reducing timelines and capex required to stabilize the asset with a long-term tenant

Zoning: Flexible zoning that permits a wide range of commercial uses including automotive, office, banquet hall and convention centres, university or college campuses, and more.