
List Price: $10,499,000
1 Firestone Road, Strathroy Caradoc, N7G 4L9
- By LENNARD COMMERCIAL REALTY
Industrial|MLS - #X12133154|New
Bed
Bath
93981 Sqft.
Other Garage
Client Remarks
Rare fully occupied investment opportunity offering approximately 7% cap rate currently with upside as high as 9% within four years due to escalations and lease renewals. High-quality roster of tenants who plan to stay long-term. Flexible zoning allows outside storage and property sits on 12.2 total acres with approximately 4 acres of unutilized excess land for future development potential to add additional units or for outside storage usage. Extensively upgraded building with new LED lighting, new exterior and interior metal cladding, new electrical wiring, and other work too extensive to list - $2.2 million spent on upgrades over last 8 years. Great building specs with 20 ft clear height in 80% of the building and 16 ft clear height in 20% of the building, and abundant dock-level and drive-in shipping doors.
Property Description
1 Firestone Road, Strathroy Caradoc, N7G 4L9
Property type
Industrial
Lot size
N/A acres
Style
Approx. Area
93981 Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Building size
93981
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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1 Firestone Road, Strathroy Caradoc, N7G 4L9Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 1 Firestone Road

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