1244 Speers Road
Oakville, L6L 2X4
FOR SALE
$6,495,000

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Industrial
CATEGORY19.0
OFFICE/APT AREAW13224578
MLSIDContact 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.
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Property Details
Address
1244 Speers Road
Community
City
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
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Listing contracted with Colliers
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