41 LEWIS ROADINDUSTRIAL MULTI-TENANT INVESTMENT

GUELPH, ONASKING PRICE: $1,950,000

CLICK HERE TO VIEWDRONE FOOTAGE &FLOOR PLANS

TOTAL LOT SIZE: ±1.44 acres

TOTAL BUILDING SQ. FT.: ±25,000 sq. ft.

INDUSTRIAL SQ. FT.: Approx. ±19,000 sq. ft.

OFFICE SQ. FT.: Approx. ±6,000 sq. ft.

CEILING HEIGHT: ±14’ Clear

LOADING: 2 - 9’x8’ Truck Level Doors2 - 8’x8’ Grade Level Doors

POWER: 550 Volts, 600 Amps

ZONING: B4

ASKING PRICE: $1,950,000

TAXES: $34,289 (2017)

PROPERTY HIGHLIGHTS

B-4 Zoning uses include:

• Catering Service• Cleaning Establishment• Commercial Entertainment/ Recreation Centre / School• Contractor’s Yard• Financial Establishment• Manufacturing• Office• Print Shop• Research Establishment• Repair Service• Towing Establishment• Truck Operation• Veterinary Clinic or Office• Vehicle Repair Shop• Warehousing

Fully Leased 25,000 sq. ft. Industrial Multi-Tenant Investment Property for sale in the north end of Guelph, ON backing on to Hwy #6 ( Hanlon Pkwy ). Excellent visibility. B4 Industrial zoning. Signed confidentiality agreement by Buyer required prior to release of property financial and environmental. Tenants include sign company, professional office and Fitness Club.

INVESTMENT HIGHLIGHTSPROPERTY DETAILS

41 LEWIS ROADGUELPH :: ONTARIO

• Income Security & Upside: With a weighted average lease term of 2.56 years and a well staggered lease expiry profile, 41 Lewis offers an investor a good blend of income security and growth potential

• Below Market Rents: With an existing below market rental rate there is significant room to increase rents on lease rollovers.

• Location: The Property is located in north Guelph just southwest of the intersection of Highway 6 and Highway 7, providing quick access to Guelph, Kitchener/Waterloo and Highway 401

• Exposure: 41 Lewis flanks the Hanlon Parkway, providing tenants with excellent signage opportunities and high profile exposure to tremendous daily traffic counts

• Rare Guelph Industrial Investment Opportunity: 41 Lewis represents an excellent opportunity to acquire industrial investment product in an excellent investment market

• Fully Leased: The Property is Fully leased to 3 tenants

• Free and Clear of Financing: 41 Lewis is being offered free and clear of financing, enabling a successful purchaser to capitalize on the current record low interest rate environment

LOCATION MAP

This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved.

CBRE Limited, Brokerage | 101 Frederick Street | Suite 810 | Kitchener, ON | N2H 6R2 | www.cbre.ca | *Sales Representative, **Broker

CONTACT US

MICHAEL BLACK*Vice President +1 519 340 2313michael.black@cbre.com

JOE BENNINGER*, CCIMVice President+1 519 340 2323joe.benninger@cbre.com

TODD COONEY, SIOR**Vice President+1 519 340 2315todd.cooney@cbre.com

HANLON PARKW

AY

7

6

41LEWIS ROAD