740 Weller Crt - Warehouse FOR SALE


Oakville, ON L6K 3S9
$12,000,000 CAD
905-283-2387
740 Weller Crt, Oakville, ON for Sale
$12,000,000 CAD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

740 Weller Crt
Oakville, ON L6K 3S9


HIGHLIGHTS

  • Less than 1KM to QEW Hwy and Dorval interchange
  • Multi-unit building with four separate units
  • Low site coverage of ~9%
  • Excess land of ~1.50 acres
  • Zoning permits outside storage
  • Lot has a rectangular shape with generally flat topography

OVERVIEW

Avison Young has been retained to offer for sale 740 Weller Court, Oakville, ON (the “Property”). This offering represents a rare opportunity for investors or end-users toacquire a 12,387 sf light industrial building on a 2.69-acre site. 740 Weller Court is comprised of one L-shaped multi-tenanted light industrial building. The building is currently split into five (5) units with the bulk of tenancies being month-to-month. The building’s low site coverage of approximately 9% and position on the lot provides a large excess area suitable for building expansion or outside storage requirements. Flexible E3 sp:3-Industrial zoning permits a wide range of uses including outside storage and motor vehicle. The Property is serviced by Highway 403 and the Queen Elizabeth Way, both of which are within a 3-minute drive. A short drive west to Speers Road and Kerr Street unlocks access to numerous amenities and quick serve restaurants.

FOR SALE DETAILS

PRICE

$12,000,000 CAD

PRICE/SF

$969 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.69

LAND SF

117,176

ZONING

E-3

APN/PARCEL ID

240103026003125

ASK ABOUT THIS PROPERTY

Harrison LivermoreAvison YoungMore Info
905-283-2387

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Harrison LivermoreAvison YoungMore Info
905-283-2387

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