2450 Morningside Ave - Warehouse FOR SALE
Toronto, ON M1X 2E5 |
2450 Morningside Ave
Toronto, ON M1X 2E5
HIGHLIGHTS
- The property is fully leased to a AAA-rated tenant at $20 per square foot net, with annual rent escalations and full TMI recovery in place.
- The lease term extends through March 30, 2030, providing stable, long-term income for investors.
- Two loading docks are designed to accommodate 53-foot trailers, ensuring efficient logistics and distribution operations.
- The location offers excellent access to major transportation routes, making it ideal for suppliers, customers, and workforce connectivity.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Morningside Business Centre
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
UTILITIES
-
CLEAR CEILING HT
28 Ft
DOCKS
2
DRIVE INS
1
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5006360
