80 Howden Rd - Warehouse FOR SALE


Toronto, ON M1R 3E4
$9,950,000 CAD
416-620-2874
80 Howden Rd, Toronto, ON for Sale
$9,950,000 CAD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

80 Howden Rd
Toronto, ON M1R 3E4


OVERVIEW

offering and sale of a 100% freehold interest of an approximately 2.54 acre site with coveted outdoor storage allowance and improved with an approximately 25,634 SF single tenant industrial building, municipally described as 80 Howden Street, Toronto (“the Property”). The Property is a well-maintained, single-tenant industrial building situated on an oversized lot with a rentable area of approximately 25,634 SF. The Property is located minutes away from a Highway 401 interchange, and is within proximity to retail amenities, and public transit. The Property is 100% leased to a single strong covenant tenant, Foundation Building Materials (FBM®). FBM is a leading construction materials distributor focused on exceeding the expectations of the commercial construction and residential building trades. With over 300+ locations across the United States and Canada, FBM has significant geographic reach into most major building materials markets.The Property is a critical location for the Tenant providing access to downtown Toronto. This offering represents an opportunity to acquire a high-quality industrial property generating stable and strong cashflows with both near and long-term upside.

FOR SALE DETAILS

PRICE

$9,950,000 CAD

PRICE/SF

$388 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.53

LAND SF

110,295

ZONING

E

APN/PARCEL ID

190103261001700

ASK ABOUT THIS PROPERTY

Ben WilliamsColliersMore Info
416-620-2874

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Ben WilliamsColliersMore Info
416-620-2874

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