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131 Townline Rd & 102 Spruce St 2 Industrial Properties Offered at $7,017,878 in Tillsonburg, ON
Investment Highlights
- Properties sold together.
- Plenty of square footage and acreage.
- Long term tenants with net leases.
- Amazing opportunity for investment.
Executive Summary
Rare opportunity! Property must be sold with adjacent building to the North 131 Townline Road MLS#X12495548. Combined 39,100 feet on 5.197 acres with long term potential from excess land to expand the existing building. Long term tenants with triple net leases. Pictures are of 102 Spruce Street and 131 Townline Road. 5% cap rate!
Amazing opportunity! Well maintained building with long term stable tenants. The building is approximately 21,600 square feet sitting on 2.185 acres. The two tenants are long term and stable. Both with net leases. Excellent hands off investment! Property can be purchased with adjacent building at 102 Spruce street see MLS#X12495542
Amazing opportunity! Well maintained building with long term stable tenants. The building is approximately 21,600 square feet sitting on 2.185 acres. The two tenants are long term and stable. Both with net leases. Excellent hands off investment! Property can be purchased with adjacent building at 102 Spruce street see MLS#X12495542
Property Facts
| Price | $7,017,878 USD | Number of Properties | 2 |
| Price / SF | $169.41 USD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 41,425 SF |
| Sale Type | Investment | Total Land Area | 5.19 AC |
| Status | Active |
| Price | $7,017,878 USD |
| Price / SF | $169.41 USD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 41,425 SF |
| Total Land Area | 5.19 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 131 Townline Rd, Tillsonburg, ON N4G 2R9 | Industrial | 21,600 SF | 2001 | - |
| 102 Spruce St, Tillsonburg, ON N4G 5V3 | Industrial | 19,825 SF | 1960 | - |
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131 Townline Rd & 102 Spruce St
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