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261185 WAGON WHEEL WAY
Balzac Balzac T4A 0E2

$16,300,000
Commercial

Main Photo: 261185 WAGON WHEEL  WAY: Balzac Industrial for sale : MLS®# C4143139
Prop. Type:
Commercial
MLS® Num:
C4143139
Status:
Active
HEAD OFFICE AND INDUSTRIAL COMPLEX ON TWO LOTS TOTALLING 9.81 ACRES. FULLY LEASED UNTIL 2025 WITH RENEWAL OPTIONS. CONSTRUCTED IN 2008 OF HIGH QUALITY CONSTRUCTION WITH 44,801 SF OF OFFICE UPGRADED IN 2016 AND 50,289 SF OF 24 FT CLEAR TO CEILING WAREHOUSE IN TWO SEPARATE BUILDINGS. 160 PAVED PARKING STALLS AND OVER 5 ACRES OF YARD STORAGE. THE 2018 LEASE WILL YIELD A CAPITILZATION RATE OF 6.38% NET. CARDLOCK ACCESS AND COMPUTER CONTROLLED HVAC TO MAXIMIZE COMFORT FOR OVER 120 EMPLOYEES. THIS IS GREAT HANDS OFF INVESTMENT WITH FUTURE POTENTIAL TO EXPAND THE SECOND PRE-ENG. BUILDING TO MAXIMIZE RATE OF RETURN. QUICK POSSESSION IS AVAILABLE TO QUALIFIED INVESTOR.
Property Type:
Commercial
Property Sub Type:
Industrial
Condo Type:
Not a Condo
Total Floor Area:
2.19 acre(s)
Price Per SqFt:
171.25
Lease Term Remaining:
96
Taxes:
$147,227 / 2017
Lot Area:
9.81 acre(s)
Year built:
2008 (Age: 10)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
0810343
Construction:
See Remarks
Water Supply:
Municipal
Garage:
0
Ceiling Height:
24'
Parking Total/Covered:
160 / -
Parking Places:
160.0
Title to Land:
Fee Simple
Possession Date:
Dec 31, 2017
Restrictions:
None Known
Flat Site, Landscaped
Alarm System, Boardroom, Compacted Yard, Dock Levellers, Dock Loading, Fenced Yard, Handicap Access, Mezzanine, Outside Storage, Paved Yard, Yard Lights
Private
Possession:
NEGOTIABLE
Possession Days:
30
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Listed by Martin E Durocher and Doug Zerr of RE/MAX REAL ESTATE (CENTRAL)
Listing information last updated on May 18, 2018 at 08:21 PM (UTC)
Data supplied by CREB®’s MLS ® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.