1355Morningside Avenue - Colliers Canada
FOR SALE > INDUSTRIAL INVESTMENT OPPORTUNITY
1355
Morningside Avenue Toronto, ON
VIRTUAL TOUR: HTTP://TOURS.BIZZIMAGE.COM/44065
FULLY-LEASED, MULTI-TENANTED INDUSTRIAL BUILDING Investor opportunity to acquire fully leased multi-tenant, 24,500 Square Foot industrial building, situated on a 1.31 Acre lot. Located in the Scarborough North Industrial node this property consists of long-term stable tenants, has the capacity for rent growth and has been well maintained.
JARED COWLEY Sales Representative D: 416 791 7249 M: 416 564 6644 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard Suite 200, Toronto, ON M2J 4W9 www.collierscanada.com
1355 MORNINGSIDE AVENUE, TORONTO BUILDING SPECIFICATIONS Tenant
Expiry
Square Feet
Monthly Rent
Annual Rent
April, 2019
3,046
$3,439.46
$41,273.52
November, 2018
7,282
$7,728.23
$92,738.76
Speed Fastening
April, 2020
6,280
$7,098.85
$85,186.20
VendStor
April, 2020
2,000
$2,324.43
$27,893.16
2 TL 2 DI
Grace Fellowship
April, 2018
930
$1,233.58
$14,802.96
TBD
Spectra
April, 2018
951
$1,151.54
$13,818.48
Loomans Construction
April, 2019
2,003
$2,656.40
$31,876.80
>
Total Building Area:
24,500 SF
>
Lot Size:
1.31 Acres
Earth Interiors
>
Gross Income:
$307,625
Royal Tech Glazing
>
Net Operating Income:
$191,269
>
Zoning:
M
>
Clear Height:
18’ Clear
>
Shipping:
>
Possession:
$3,500,00000 Annual Taxes: $65,263
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
Casebr
idge Cr t
1355 MORNINGSIDE AVENUE, TORONTO
Morningside Ave
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
1355 MORNINGSIDE AVENUE, TORONTO
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
101 DYNAMIC DRIVE, TORONTO
RD PPA
SHE E AVE
1355 Morningside Avenue
MORNINGSIDE AVE
Disclaimer: This document/email has been prepared by Colliers International for general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and / or its licensor(s). Colliers Macaulay Nicolls Inc., Brokerage. © 2017. All rights reserved
1355
Morningside Avenue Toronto, ON
VIRTUAL TOUR: HTTP://TOURS.BIZZIMAGE.COM/44065
FULLY-LEASED, MULTI-TENANTED INDUSTRIAL BUILDING Investor opportunity to acquire fully leased multi-tenant, 24,500 Square Foot industrial building, situated on a 1.31 Acre lot. Located in the Scarborough North Industrial node this property consists of long-term stable tenants, has the capacity for rent growth and has been well maintained.
JARED COWLEY Sales Representative D: 416 791 7249 M: 416 564 6644 [email protected]
COLLIERS INTERNATIONAL 245 Yorkland Boulevard Suite 200, Toronto, ON M2J 4W9 www.collierscanada.com
1355 MORNINGSIDE AVENUE, TORONTO BUILDING SPECIFICATIONS Tenant
Expiry
Square Feet
Monthly Rent
Annual Rent
April, 2019
3,046
$3,439.46
$41,273.52
November, 2018
7,282
$7,728.23
$92,738.76
Speed Fastening
April, 2020
6,280
$7,098.85
$85,186.20
VendStor
April, 2020
2,000
$2,324.43
$27,893.16
2 TL 2 DI
Grace Fellowship
April, 2018
930
$1,233.58
$14,802.96
TBD
Spectra
April, 2018
951
$1,151.54
$13,818.48
Loomans Construction
April, 2019
2,003
$2,656.40
$31,876.80
>
Total Building Area:
24,500 SF
>
Lot Size:
1.31 Acres
Earth Interiors
>
Gross Income:
$307,625
Royal Tech Glazing
>
Net Operating Income:
$191,269
>
Zoning:
M
>
Clear Height:
18’ Clear
>
Shipping:
>
Possession:
$3,500,00000 Annual Taxes: $65,263
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
Casebr
idge Cr t
1355 MORNINGSIDE AVENUE, TORONTO
Morningside Ave
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
1355 MORNINGSIDE AVENUE, TORONTO
JARED COWLEY Sales Representative
D: 416 791 7249 [email protected]
101 DYNAMIC DRIVE, TORONTO
RD PPA
SHE E AVE
1355 Morningside Avenue
MORNINGSIDE AVE
Disclaimer: This document/email has been prepared by Colliers International for general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and / or its licensor(s). Colliers Macaulay Nicolls Inc., Brokerage. © 2017. All rights reserved
