The Property is an irreplaceable, “small-bay”, 22,907 SF multi-tenant industrial building located on a corner lot in central Mississauga with prominent exposure to Eglinton Avenue East, a significant arterial road. The Property is comprised of seven ground floor industrial units of approximately 2,800 SF each and eight second floor office units of approximately 500 SF each. The industrial units are predominately demised using concrete-block walls and each have their own truck-level shipping door. The industrial units are all separately metered whereas the second floor office units share a service meter. The Property has been professionally managed and maintained throughout the years. Recent capital improvements include a roof replacement (2016) and partial re-paving of the asphalt areas (2021-2023). The Property is located at the signalized intersection of Eglinton Avenue East and Maingate Drive, just west of Dixie Road. The Property benefits from exceptional exposure to the busy road of Eglinton Avenue East which has over 19,000 vehicles passing by on a daily basis. The central location allows for a quick drive to multiple 400 series highways and Pearson International Airport. The Property is also well-connected to public transit and within a 12-minute bus ride to the Renforth Station transit hub which connects to MiWay routes, GO bus routes and the TTC system via the Eglinton Crosstown Extension. The immediate surrounding area hosts various amenities, including retail outlets, shopping centers, and restaurants along Dixie Road. The Property is currently 98% occupied by nine tenants. In-place rents are approximately 40% below the current market rates and the weighted average lease term (WALT) is less than 3.5 years, providing a near-term opportunity for investors to raise rental income by leasing the vacant units and bringing current leases to market rates as they expire. Alternatively, given its unit sizes and strategic location, the Property is potentially well suited for conversion into “strata-condos.” Potentially allowing an investor to sell individual condo units at a significant premium over the initial acquisition cost. Over the last three decades, soaring land values and construction costs have made “small-bay” industrial multi-tenant properties, like the subject Property cost prohibitive to develop in the GTA. Consequently, the inventory of such buildings in the GTA has remained limited, intensifying competition among tenants/businesses for such space and driving rental rates upwards. The Property is expected to transact significantly below the cost of replacement, presenting an opportunity for an investor to capitalize on the upward rental rate pressure for this building type without incurring the corresponding development costs and risks.