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50 Northland Rd 218,373 SF 50% Leased Industrial Building Waterloo, ON N2V 1N3 $25,501,774 USD ($116.78 USD/SF)

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Investment Highlights

Secure outdoor storage
GRT/LRT nearby

1.8 KM from HWY 85
Ample parking

Executive Summary

50 Northland Road, Waterloo is a 221,848 SF building situated on 11.48 Acres in North Waterloo. The property benefits from the most flexible and desirable industrial zoning in Waterloo, E3-27. The E3-27 zoning is the only zoning in Waterloo to allow for outdoor storage. 50 Northland is the largest multi-tenant, E3-27 zoned property in Waterloo, offering larger scale unit sizes from 30,000 - 83,400 SF as well as a heavy power supply of 2,700 Amps and a clear height of 18’. All units are in a modern and updated condition with a strong history of leasing success. The building’s location benefits from close proximity to amenities and transit such as the Conestoga & Northfield LRT stations, Conestoga Mall and abundant convenience retail.

Marketing Brochure

Property Facts

Price	$25,501,774 USD	Rentable Building Area	218,373 SF
Price Per SF	$116.78 USD	No. Stories	1
Sale Type	Investment	Year Built	1987
Property Type	Industrial	Parking Ratio	0.89/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	18’
Building Class	B	No. Dock-High Doors/Loading	5
Lot Size	10.74 AC	No. Drive In / Grade-Level Doors	27
Zoning	E3-27 - COMMUNITY INSTITUTIONAL

Price	$25,501,774 USD
Price Per SF	$116.78 USD
Sale Type	Investment
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	10.74 AC
Rentable Building Area	218,373 SF
No. Stories	1
Year Built	1987
Parking Ratio	0.89/1,000 SF
Clear Ceiling Height	18’
No. Dock-High Doors/Loading	5
No. Drive In / Grade-Level Doors	27
Zoning	E3-27 - COMMUNITY INSTITUTIONAL

Air Conditioning

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Fl - 100
54,633 SF
Industrial
Shell Space
Now

Recently improved, temperature controlled industrial unit. 3 dock-level doors and 1 drive in. Opportunity for an outdoor storage compound subject to approvals. This unit offers a competitive lease rate with the potential for flexible lease terms including month to month. Potential to expand up to 183,343 SF. The unit is available immediately.

1st Fl - 300
54,633 SF
Industrial
Shell Space
Now

Modern industrial unit with epoxy floors, fully white-boxed interior and new office build out including 5 private offices, a locker area and kitchenette totalling ~ 1,850 SF. Loading includes 5 dock level doors and 1 drive in. Potential to expand up to 183,343 SF.