3085 Glen Erin Dr - Office FOR SALE


Mississauga, ON L5L 1J3
$18,250,000 CAD
416-777-2200
3085 Glen Erin Dr, Mississauga, ON for Sale
$18,250,000 CAD
Office - FOR SALE
1/2
null | Request Cap Rate

3085 Glen Erin Dr
Mississauga, ON L5L 1J3


HIGHLIGHTS

  • Lot area of 2.6 acres.
  • 150+/- parking stalls

OVERVIEW

Freestanding multi-tenant office building located in Erin Mills, Mississauga on Glen Erin Drive & Motorway Blvd (adjacent to Erin Mills Auto Park). Building has a total area of 35,575 SF with a lot area of 2.6 acres. Building is located within M1 zoning and has 150+/- parking stalls. AAA Building. Very strong covenant tenants. Potential to convert to auto dealership once leases expire. Many recent improvements. Pre-Pandemic revenue $967,935 net/annum (approx). Interested parties are required to sign a Confidentiality Agreement prior to receiving additional information on this offering. Seller to review offers after November 30,2021. Property being marketed on an unpriced basis.

FOR SALE DETAILS

PRICE

$18,250,000 CAD

PRICE/SF

$513 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,256 SF

ZONING

M1

APN/PARCEL ID

210506015508200

ASK ABOUT THIS PROPERTY

Darius TrohakColliersMore Info
416-777-2200

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Darius TrohakColliersMore Info
416-777-2200

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