7150 Derrycrest Dr - Office FOR SALE


Mississauga, ON L5W 0E5- Mississauga Centre/Streetsville
$22,731,065 CAD
416-643-3438
7150 Derrycrest Dr, Mississauga, ON for Sale
$22,731,065 CAD
Office - FOR SALE
1/7
null | Request Cap Rate

7150 Derrycrest Dr
Mississauga, ON L5W 0E5
Mississauga Centre/Streetsville


HIGHLIGHTS

  • Owner-Occupier Opportunity with third-party income along major Hurontario corridor.
  • Strategic Mississauga location with excellent highway and transit access.
  • High quality build with branding opportunities.
  • Strategic land bank with high-density intensification potential.

OVERVIEW

On behalf of our client, DERRYWEST407 DEVELOPMENT CORP., (the “Vendor”), Colliers International Inc. (the “Advisor”) is pleased to present for sale a 100% freehold interest in 7150 Derrycrest Drive, Mississauga, Ontario (the “Property”). This exceptional offering comprises a high-quality free standing three storey office building with approximately 57,547 square feet. The Property has a current occupancy rate of 76% and a Weighted Average Lease Term (WALT) of approximately 2.9 years. Leased to high quality tenants, an investor has the opportunity to acquire a prestigious Mississauga asset with strong return growth.

FOR SALE DETAILS

PRICE

$22,731,065 CAD

PRICE/SF

$395 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Derrydale Corporate Centre - Phase 4

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

216

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

E2-78

APN/PARCEL ID

210504009895310

ASK ABOUT THIS PROPERTY

Nicholas KendrewColliersMore Info
416-643-3438

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Nicholas KendrewColliersMore Info
416-643-3438

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