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3378 Putnam Rd 7,200 SF 100% Leased Industrial Building Putnam, ON N0L 2B0 $2,849,815 USD ($395.81 USD/SF)



Executive Summary
Avison Young Commercial Real Estate Services, LP (the “Advisor”) has been exclusively retained by msi Spergel Inc., in its capacity as Court-appointed Receiver (the “Receiver”), to offer for sale 3378 Putnam Road, Putnam, ON (the “Property”). The Property presents the opportunity to acquire a vacant ~7,200 sf industrial building on a 4.86-acre site. The Property features 6 truck-level doors and a clear height of 18 feet. The single-storey industrial building includes ~1,000 sf of office and is situated on the north side of the site, the rear 3 quarters of which are fenced gated. Located in Putnam, a community within the Thames Centre municipality (population of ~13,200), the Property is just 10 minutes southwest of downtown Ingersoll and 20 minutes east of downtown London. Its proximity to a major municipality gives it convenient access to countless amenities including large shopping centres and main street retail. It is immediately south of Highway 401 connecting the Property to the region’s extensive highway network and a short drive from the Ingersoll ViaRail train station. The London International Airport is only a 20 minute drive away with flights to Toronto and Calgary and seasonal flights to Cancun and Punta Cana.
Property Facts
| Price | $2,849,815 USD | Rentable Building Area | 7,200 SF |
| Price Per SF | $395.81 USD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1980 |
| Property Type | Industrial | Parking Ratio | 3.75/1,000 SF |
| Property Subtype | Truck Terminal | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 4.86 AC | ||
| Zoning | M1 - Industrial | ||
| Price | $2,849,815 USD |
| Price Per SF | $395.81 USD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 4.86 AC |
| Rentable Building Area | 7,200 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 3.75/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | M1 - Industrial |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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3378 Putnam Rd
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