2562 Stanfield Rd

L4Y 1S4
Space

33,500

Square Feet

About Office Building

Office building only. Delivered vacant sale/leaseback. (NOI $402,000: $12 Net) Buyer provided option to terminate lease on 90 days notice. Upgrades include: new asphalt, interior and exterior painting, upgraded sprinkler and landscaping. Parking spots are freshly striped. Total lot area to be severed is +/- 2 acres. Taxes and building measurements to be confirmed. Sale subject to severance from rear industrial building.

  • Sale Price: $8,625,000
  • Net Operating Income: $402,000
  • Floor: 1
  • Size 33,500 SF
  • Type Office
  • Availability Now
  • Last Updated Jun 13, 2014
  • Verified On Jun 13, 2014
  • Source SpaceList Research

About 2562 Stanfield Rd

Two buildings. 328,540 SF of industrial space and 33,500 SF of office space. Sale leaseback - net income of $1,387,620: $3 Net for industrial and $12 net for office space. Option to terminate leases on 90 days notice. New asphalt, interior and exterior painting. Upgraded sprinklers, and landscaping. Portion of warehouse has ESFR sprinklers and rail siding. Some extra land for trailer parking. Clear height varies from 19' to 36'. Located on Stanfiedl Road & Dundas Street.

  • Sprinklers
  • Property Type Industrial
  • Status Existing
  • Building Class C
  • Sale Price $29,985,000
  • Net Operating Income $1,546,815
  • Total Available Space 328,540 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 0 SF
  • Min Divisible 0 SF
  • Max Contiguous 0 SF
  • Building Size 328,540 SF
  • Lot Size 726,145 SF
  • Clear Height 19.0
  • Managed By CBRE

Property Manager

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