FOR SALE REDUCED PRICE 2695-2697 SLOUGH STREET QUALITY INDUSTRIAL INVESTMENT
SINGLE TENANT INVESTMENT OPPORTUNITY INVESTMENT HIGHLIGHTS 2695-2697 Slough Street is located within the Aero Business Campus, which is a highly accessible and industrial area. It features a wide range of industrial, office and distribution units. 2695-2697 Slough Street is close to many different amenities providing structure for the community. Mississauga and Brampton Transit provide frequent and reliable bus transportation to Aero Business Campus and other amenities. The subject location is surrounded by four major highways in all four directions. They are all accessible by a seven-minute drive. 100% fully leased with an attractive weighted average lease term of 2.3 years. Current contractual rent of $6.09 is below market with significant future growth potential. PROPERTY FEATURES TOTAL RENTABLE SF OCCUPANCY LOT SIZE YEAR BUILT PARKING 23,200 SF FULLY LEASED 1.65 ACRES 1978 28 STALLS ZONING E2-EMPLOYMENT REDUCED PRICE: $3,875,000
BUILDING OVERVIEW CLEAR HEIGHT 18 tall BUILDING AREA Industrial ± 18,700 SF Office ± 4,500 SF Total ± 23,200 SF ELECTRICAL 600 Amp. 600 Volt, 3 Wire. Environmentally Friendly HVAC Rooftop gas/electric units, natural gas-fired suspended units, infrared radiant tube heater and electric baseboards. STRUCTURE Concrete slab on grade and steel columns and beams on open web steel joists.
Highway 27 THE LOCATION Torbram Road Bramalea Road Located on the east side of Slough Street and just south of Rena Road, 2695-2697 Slough Street is a quality investment location within Mississauga, Ontario. The Property is positioned only minutes away from major highways and modes of transportation to the entire Greater Toronto Area. 2695-2697 Slough Street is surrounded by various commercial and industrial assets and other amenities. Distance to Highway 410-6.3 km 8 mins Distance to Highway 401-9.3 km 12 mins Distance to Highway 427-4.4 km 7 mins Distance to Highway 407-12.7 km 11 mins Distance to CP Rail - 16.6 km 19 mins Distance to CN Rail - 23.2 km 21 mins
SITE DETAILS / SURVEY Subject Property: 2695-2697 Slough Street. Mississauga, ON With 1.65 acres on a rectangular site, 2695-2697 Slough Street is mainly level. There is one point of ingress/ egress off Slough Street with a frontage of 160 feet along the road.
ZONING The zoning here, assigned by the City of Mississauga plan, is an E2 - Employment Zone. This zoning permits residential, commercial and public uses. 2695-2697 Slough Street Sample permitted uses in an E2-Employment zone include, but are not limited to: O ffi c e Business Activities Restaurant Convenience Restaurant Commercial School Manufacturing Facility Funeral Establishment Active Recreational Use Entertainment Establishment Science and Technology Facility Financial School Veterinary Clinic Vehicle Repair Facility Overnight Accommodation Night Club Parking Lot
TRANSPORTATION RAIL / BUS TRANSPORT GO Transit operates three train lines and several GO Bus routes through Mississauga providing frequent service throughout the day. VIA Rail offers passenger service to points beyond the GO Transit system, and provides connections to Amtrak rail services to cities in the USA. Canadian National Railways (CN) provides transport of goods throughout the region and across the continent. LOCAL TRANSPORT Mississauga Transit provides transportation to all of Mississauga and connects to TTC lines. AIR TRANSPORT Toronto Pearson International Airport is approximately a 7 minutes drive from 2695-2697 Slough Street. TRAVEL TIMES GROUND AIR DOWNTOWN T.O. 30 MIN N/A ABOUT MISSISSAUGA TOTAL POPULATION MEDIAN AGE EMPLOYED 734,000 (2011) 35.7 433,781 (approx) As Canada s sixth largers city, Mississauga has a current population of approximately 734,000 people. Mississauga is a rapidly growing Greater Toronto Area municipality. With a booming population and labour force, the population is expected to grow to 775,000 people by 2021 and 812,000 by 2031. The city provides approximately 56,000 more jobs than there are workers to fill them. Over the past decade, Mississauga has made a large contribution to the GTA s economy. This creates one fifth of Canada s GDP and 45% of Ontario s GDP. MONTREAL OTTAWA NEW YORK CITY 6 HRS 5 HRS 8 HRS 1.10 HRS 0.45 HRS 1.25 HRS Mississauga is home to Toronto Pearson Airport which is Canada s largest airport. Toronto Pearson serves close to 32 million passengers on over 70 airlines. With non-stop service to over 180 destinations in 60 countries around the globe, the location and convenience to 2695-2697 Slough Street is a major asset.
2695-2697 SLOUGH STREET FOR MORE INFORMATION, PLEASE CONTACT MARK CASCAGNETTE* LUIS ALMEIDA* 905 501 6426 mark.cascagnette@cushwake.com 905 501 6432 luis.almeida@cushwake.com Senior Vice President Associate Vice President Cushman & Wakefield Ltd., Brokerage 1 Prologis Boulevard, Suite 300 Mississauga, ON L5W 0G2 905 568 9500 cushmanwakefield.ca This presentation/proposal are solely for the intended recipient and contain confidential or privileged information. If you are not the intended recipient, any disclosure, copying, use or distribution of the information included in this message and any attachments is prohibited. You are currently listed as someone who wishes to receive property listings from Cushman & Wakefield, Ltd. No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawals without notice, and to any specific listing condition, imposed by our principals. *Sales Representative **Broker