140 ELIZABETH STREET, Lambton Shores (Thedford)

· 50001 sqft

$2,950,000

100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 8.3% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.

General Info


MLS Listing ID: X9348765 Bedrooms: 0 Bathrooms: 0 Year Built: 0
Listing Type: Industrial Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: N/A Roof: N/A Title To Land: N/A Parking Space Total: 0
Parking: Garage Heating: Other Size: 50001 sqft Air Conditioning : N/A
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: N/A
Water Supply: Municipal water Road Type: N/A Pool Type: N/A

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