505 Conestogo Rd - Manufacturing FOR SALE


Waterloo, ON N2L 4C9
$12,423,000 CAD
519-340-2323
505 Conestogo Rd, Waterloo, ON for Sale
$12,423,000 CAD
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

505 Conestogo Rd
Waterloo, ON N2L 4C9


HIGHLIGHTS

  • The Site is located on the southeast side of Conestogo Road West, south of the Northfield Drive West and Conestoga Parkway interchange
  • Significant Upside on Rent
  • Exceptional Traffic & Exposure

OVERVIEW

The Property comprises 16 units, presently occupied by 5 commercial tenants, all paying rents substantially below the prevailing market rates. This offering represents a compelling investment opportunity for potential investors to realize rental income growth through significant upside on rent.

FOR SALE DETAILS

PRICE

$12,423,000 CAD

PRICE/SF

$265 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

16

DRIVE INS

1

PARKING SPACES

120

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

I1-6

APN/PARCEL ID

301604130003000

ASK ABOUT THIS PROPERTY

Joe BenningerCBRE, LimitedMore Info
519-340-2323

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Joe BenningerCBRE, LimitedMore Info
519-340-2323

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