140 Elizabeth Street,Lambton Shores (Thedford), ON N0M2N0
Lambton Shores (Thedford), ON N0M2N0
Description
100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 8.3% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402. (id:13843)
Details
| MLS# | X9348765 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 229 |
| Listing Provided By | STREETCITY REALTY INC. | ROB CRNCICH |
Features
| SQ Feet | 50,001 |
|---|---|
| Zoning | M1 Industrial |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Lambton Shores (Thedford) |
| Postal Code | N0M2N0 |
| Listing VS Median (in N0M2N0) | |
Price: $2,950,000 low | high Med: $500,000 SqFt: 50,001 low | high Med: 30,782 $ / SqFt: $59 low | high Med: $52 On site: 229 low | high Med: 117.500000 | |