1 / 251131 INVICTA DRIVE
Oakville (QE Queen Elizabeth), Ontario, L6H4M1
$11,000,000
Living area
25,428 square feet
Parking
55
Lot size
1 acres
About this property
A rare opportunity for investors to purchase a fully leased, two-storey multi-tenant industrial/retail building in Oakville. The property is approximately 1.31 acres in size, situated on the south side of Invicta Drive, east of Chartwell Road, within one of Oakville's established employment corridors and minutes from the QEW. The building totals 24,801 sq. ft. (BOMA-certified rentable area) and is currently demised into 9 units with 5 exterior loading docks and clear heights of 18'. The property is 100% leased to a diversified tenant base spanning medical/rehabilitation, industrial controls, logistics, education, and professional office uses, with several leases signed or renewed within the past 12 months on NNN terms - providing a genuine mark-to-market opportunity relative to the building's legacy rents. The Business Employment (E2 sp:3) zoning permits a range of office, industrial, and employment-area uses. The property offers 55 surface parking spaces and is professionally managed. Tour requests are by appointment only through the Listing Agent. Do not go directly to the property or speak to the current tenants. (id:66779)
Details
- Cooling
- Partially air conditioned
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Directions
- Cross Streets: Highway 403 and Eighth Line. ** Directions: https://maps.app.goo.gl/obpBUKjT2HCYK3fr8.
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Multi-Tenant Industrial
- Tax annual amount
- 59,470.78
- Lot size dimensions
- 1.31
- Zoning description
- E2 sp:3
More in Oakville
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