$8,979,900
Status: For Sale
This 35,296-square-foot industrial building has a Net Operating Income of over $430,000/year and built-in annual escalations that average 4.7% per year. Located within the Red Hill Business Park in the city of Hamilton, this convenient location is only 2 minutes from the Lincoln Alexander Parkway and 3 minutes from the Red Hill Valley Parkway. The property is fully occupied by three tenants, with triple net leases, at market rates, with escalations in place. The building features 2 loading docks, 6 drive-in-doors, clear heights of 17 ft. 8 inches, and plenty of parking. The property is zoned M3 - Prestige Business Park which is ideal for manufacturing, industrial, production, services, warehouse, and the like. A clean phase one environmental site assessment from Pinchin Ltd. is available upon accepted offer. For further details please request access to the Data Room which includes floor plans, a Profit and Loss Statement, and more!
| Price | :$8,979,900 |
| Property Taxes | :$108050.00 |
| Tax Year | :2023 |
| Cross Street | :Linc To Dartnall Rd, West On Stone Church Rd E, South On Nebo Rd, West On Hempstead |
18 Apr, 2024
TREB #X8247062
Available
$8979900.0
75 Hempstead Dr is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 75 Hempstead Dr with a highly strategic location at the L8W 2Y6 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
75 Hempstead Dr offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8247062 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 108050.00 and an attractive 8,979,900 while getting several vibrant Hannon benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and L8W 2Y6. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Outside/Surface for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Linc To Dartnall Rd, West On Stone Church Rd E, South On Nebo Rd, West On Hempstead. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $44,900 available on the 8,979,900 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $44,900 and other attractive incentives for buying this Commercial in Ontario and at L8W 2Y6. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8247062 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 75 Hempstead Dr promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at L8W 2Y6 and you will find a value addition at 75 Hempstead Dr by all means.
