40 Penn Dr - Warehouse FOR SALE


Toronto, ON M9L 2A9- Black Creek
$12,200,000 CAD
416-569-1430
40 Penn Dr, Toronto, ON for Sale
$12,200,000 CAD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

40 Penn Dr
Toronto, ON M9L 2A9
Black Creek


HIGHLIGHTS

  • Excellent connectivity to Highway 400, Highway 407, Highway 401, and major arterial routes throughout the GTA.
  • Situated on a generous site with on-site parking and outdoor circulation space.
  • Located within a mature industrial node surrounded by manufacturing, warehousing, logistics, and service commercial users.
  • Proximity to Pearson International Airport supports regional and international business needs.

OVERVIEW

Well-maintained industrial facility totaling 42,563 square feet, ideally situated in a prime location with exceptional access to Highways 400, 401, and 407. Fully leased industrial investment property generating stable, predictable cash flow. The property features two drive-in doors and five truck-level doors, offering an efficient and functional layout suitable for warehousing, distribution, or light manufacturing. Clean and versatile space presents an excellent opportunity for owner-users or investors.

FOR SALE DETAILS

PRICE

$12,200,000 CAD

PRICE/SF

$287 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

14.5 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

EH 1.0

APN/PARCEL ID

190801352000600

ASK ABOUT THIS PROPERTY

Terry Di FeliceCBRE, LimitedMore Info
416-569-1430

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Terry Di FeliceCBRE, LimitedMore Info
416-569-1430

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.