140 Elizabeth St,Thedford, ON N0M
Thedford, ON N0M
Description
100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 9.5% 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.
Details
| MLS # | X9348765 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Days On Site | 282 |
| Listing Provided By | STREETCITY REALTY INC. | X9348765 288431 |
Features
| SQ Feet | 50,001 |
|---|---|
| Garage | 4 |
| Acreage | 1.15 |
Interior
| Cooling | No |
|---|
Taxes
| Property | 6602 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| County | Lambton |
| City | Thedford |
| Postal Code | N0M |
| Area | Thedford |
| Listing VS Median (in N0M) | |
Price: $2,579,000 low | high Med: $669,900 SqFt: 50,001 low | high Med: 2,906 $ / SqFt: $52 low | high Med: $231 On site: 282 low | high Med: 6.000000 | |
