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45 Eric T Smith Way 4,394 sq ft Industrial Unit Offered at £1,383,220 in Aurora, ON L4G 7C6
INVESTMENT HIGHLIGHTS
- Property includes ample parking.
- Building is located very close to Highway 404 and public transit.
EXECUTIVE SUMMARY
New industrial building, finished in 2022 and located very close to Highway 404.
PROPERTY FACTS
| Total Property Size | 62,763 sq ft | Typical Floor Size | 31,382 sq ft |
| Property Type | Industrial (Unit) | Year Built | 2022 |
| Property Subtype | Warehouse | Total Plot Size | 4.34 ac |
| Costar Property Class | B | Parking Allocation | 0.48/1,000 sq ft |
| Floors | 2 | ||
| Use Class | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More | ||
| Total Property Size | 62,763 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 31,382 sq ft |
| Year Built | 2022 |
| Total Plot Size | 4.34 ac |
| Parking Allocation | 0.48/1,000 sq ft |
| Use Class | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More |
AMENITIES
- 24 Hour Access
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
1 UNIT AVAILABLE
Unit 17
| Unit Size | 4,394 sq ft | Sale Type | Investment |
| Price | £1,383,220 | Net Initial Yield | 4.00% |
| Price Per sq ft | £314.80 | NOI | £55,329.32 |
| Unit Use | Industrial |
| Unit Size | 4,394 sq ft |
| Price | £1,383,220 |
| Price Per sq ft | £314.80 |
| Unit Use | Industrial |
| Sale Type | Investment |
| Net Initial Yield | 4.00% |
| NOI | £55,329.32 |
DESCRIPTION
Brand new industrial unit at prime location with many permitted uses. 24 foot clear height with truck level dock door and dock leveler.
SALE NOTES
Fits 53 foot trucks at rear. Ideal for warehouse, manufacturing, machine shop, etc. Excellent location very close to Hwy 404, transit, restaurants, & shopping. Very large windows providing lots of natural light. Modern equipped with a brand new roof-top hvac. Location provides reliable access to public transit, labour, & more. Mortgage can be assumed for $1.7 million, at 7.59% interest rate.
Presented by
45 Eric T Smith Way
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