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List Price: $2,579,000

140 ELIZABETH Street, Lambton Shores, N0M 2N0

- By STREETCITY REALTY INC.
Industrial|MLS - #X9348765|Price Change
Bed
Bath
50001 Sqft.
In/Out Garage

Client Remarks

100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 9.5% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.
Property Description

140 ELIZABETH Street, Lambton Shores, N0M 2N0

Property type

Industrial

Lot size

N/A acres

Style

Approx. Area

50001 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

50001

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2023

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140 ELIZABETH Street, Lambton Shores, N0M 2N0
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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