Description

Asking Price: $2,**0,**0

The subject property is a freestanding, one and two-storey industrial building with a gross above-grade floor are of about *4,**1* s.f , constructed in 3 stages around ***2, ***6, and ***4. The building was of steel framed on slab with concrete block and brick veneer exterior. The ground floor consists of three sections of plant area with clear ceiling height of *5, *6, and *6.5* feet finished with fluorescent light fixtures, concrete floor and concrete block wall. There were two drive-in doors at the front, one drive in door at the rear and two truck-level doors and one drive-in door on the west side of the building. There were two private offices, an open office/reception area, and a conference room on the front side of the building finished with drywall, acoustic ceiling tile, fluorescent light fixtures and laminated hardwood flooring. The second floor consists of private offices, reception area, lunch room, locker room, 2 kitchenettes, two *-pc bathrooms, two *-pc men’s and ladies washrooms, and storage room finished with drywall, acoustic ceiling tile, recessed fluorescent light fixtures and ceramic tile and laminated hardwood flooring throughout the washrooms and open office area. There is a 5 year lease currently on this property occupied by a trucking company on approximately *2,**0 s.f. of building area, which will be expired on the *1st of December, ***4. The net lease is generating approximately $*0,**0 per year.