1244 Speers Road, Oakville

About this listing

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

MLS® Number

W13224562

Property type

Investment

Square footage

18,736 sqft

City / area

Oakville

Postal code

L6L 2X4

List office

COLLIERS