1244 Speers Road
1014 - QE Queen Elizabeth / Oakville, ON L6L 2X4
About This Property
6.27% year 1 capitalization rate investments sale offering! Professionally managed multi-tenant industrial investment offering with 15 in-place tenants across 15 separately metered units - 100% leased. Unit sizes ranging from 902-1,367 sq ft, each with drive-in doors. Modernized rents with strong annual escalations. Average lease term of ~1.8 years. Strong curb appeal and Speers Road frontage. Recent site improvements include: brand new asphalt, office and warehouse LED lighting, office and warehouse paint, office flooring replacement, ground and polished floors, new bathroom vanities, and new unit & pylon signage.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® W13224562
Listed by COLLIERS
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$31,716
/month · $5,196,000 mortgage
Amortization
Total Interest
$4,318,782
Total Cost
$9,514,782
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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COLLIERS