75 Hempstead Drive, Hamilton
75 Hempstead Drive, Hamilton
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26 Photos
- Living area: 35296 square feet
- MLS®: h4190283
- Type: Commercial
- Added: 13 days ago
Property Details
This 35,296-square-foot industrial building has a Net Operating Income of over $430,000/year and built-in annual escalations that average 4.7% per year. Located within the Red Hill Business Park in the city of Hamilton, this convenient location is only 2 minutes from the Lincoln Alexander Parkway and 3 minutes from the Red Hill Valley Parkway. The property is fully occupied by three tenants, with triple net leases, at market rates, with escalations in place. The building features 2 loading docks, 6 drive-in-doors, clear heights of 17 ft. 8 inches, and plenty of parking. The property is zoned M3 - Prestige Business Park which is ideal for manufacturing, industrial, production, services, warehouse, and the like. A clean phase one environmental site assessment from Pinchin Ltd. is available upon accepted offer. For further details please request access to the Data Room which includes floor plans, a Profit and Loss Statement, and more! (id:1945)
Property Information
- Sewer: Sanitary sewer
- Cooling: Air Conditioned
- Heating: Radiant heat, Forced air
- Tax Year: 2023
- Directions: URBAN
- Living Area: 35296
- Photos Count: 26
- Water Source: Municipal water
- Business Type: Industrial
- Parking Total: 54
- Structure Type: Multi-Tenant Industrial
- Parking Features: Surfaced
- Tax Annual Amount: 108050
- Security Features: Smoke Detectors
- Building Area Total: 35296
- Lot Size Dimensions: 80.35 x 420.77
- Zoning Description: M3 - Prestige Business Park
- Number Of Units Total: 3
Features
- Other: Elevator: No Elevator, No Escalator, Inclusions: The N.R. Murphy Ltd. dust collector (Model: FBP - 138, 28,000 cfm) is owned by the Seller, and will be included in the sale of the property., Freestanding
- Cooling: AC: Yes
- Heating: Gas Forced Air Open, Radiant
- Lot Features: Urban
- Extra Features: Area Features: Public Transit
- Interior Features: Power: 600 Volts, Office Apartment Area: 1913 Sq. Ft. Divisible
- Sewer/Water Systems: Sewers: Sanitary
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