1244 Speers Road

Oakville, L6L 2X4
FOR SALE
$6,495,000
1244 Speers Road, Oakville
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
1244 Speers Road
Industrial
CATEGORY
19.0
OFFICE/APT AREA
W13224578
MLSID
Contact Us
Property Description
6.27% year 1 capitalization rate investment 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 remaining of ~1.8 yrs. 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
Address
1244 Speers Road
Postal Code
L6L 2X4
Property Type
Industrial, Industrial
Use
Multi-Unit
Zoning
E1
Lot Size
79' x 434'
Office Area
19.0
Industrial Area
81.0
Acreage
1.1 Feet
Taxes
$32,061 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Colliers
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