Property type
Industrial
Lot size
N/A
Style
Approx. Area
N/A
24,863 SF industrial facility on a 1.5-acre lot. Located in Tillsonburg, a town 50 KM's southeast of London, the Property is equipped with 2 shipping doors, two heavy-duty cranes, and 16 foot clear heights. Upon closing, the owner, J/E Bearing & Machine who has occupied the premises since 1988, will enter into a 5-year leaseback of the grounds and building. The leaseback is proposed to begin at a net rental rate of $8.50 psf with built-in escalations and an additional 5-year renewal option. **EXTRAS** Buyers to confirm all information independently. At least 48 hours advance notice required for tours.
Last updated
6 days ago
Virtual tour
None
Basement information
Building size
24863
Status
In-Active
Property sub type
Industrial
Maintenance fee
$N/A
Year built
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