The opportunity consists of a 123,780 SF industrial building located in a diverse commercial and industrial node surrounded by an abundance of amenities. The building is situated on approximately 10.7 acres of land, providing a low coverage ratio of only 27%, allowing for ample additional land uses or future expansions and re-development.
11 Spalding Drive has a range of different warehouse areas, along with 7,600 SF of front office.The building can be demised into two more units, providing flexibility for users and investors.
With approximately 4 acres of excess land and neighboured by park lands to the East and West, theSpalding Drive corridor is a Class A industrial, commercial and recreational node. Amenities in the immediate area include; Tim Hortons, McDonalds, Starbucks, Shoppers Drug Mart, Sobeys among many others.
Building Specifications- Asset Class: Industrial
- Building Size: 123,780 SF
- Warehousing Area: 116,180 SF
- Office Area: 7,600 SF
- Land Size: 10.7 Acres
- Coverage Ratio: 27%
- Excess Land: Approx. 4 acres
- Clear Height: 14’
- Shipping Doors: 1 Drive-in Door, 6 Dock Doors
- Power: 2000 amps / 600 volts
- Current Units: 1
- Possible Units: 2
Asking Price: $3,750,000 ($30 PSF)
For more information on leasing opportunities, please contact:
Lennard Commercial Real EstatePeter DeGuerre*, Sr VP
- 416.649.5903 pdeguerre@lennard.com
Jim McIntosh*, Sr VP
- 905.917.2036 jimmcintosh@lennard.com
Jay Finch*, VP
- 905.917.2037 jfinch@lennard.com
