42,291 ft²Industrial$7,549,000Sale
42,291 ft²
Industrial
$7,549,000
Sale
William Hachey
Avison Young - CA - NS - Halifax
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This two asset, light industrial and office portfolio is available through a standard Listing and purchasing process. Agreements of Purchase and Sale or Letters of Intent are welcomed, and Avison Young is available to assist. The Seller prefers a 30 day Due Diligence process followed by a Closing Date 30 days thereafter.
- There is a new 10 year lease in place protecting 96% of the income!
- Great location in established section of the Burnside Business Park
- Long Term Lease in place securing a vast majority of the income stream!
- One asset is intended for industrial use [21], while the other contains office and industrial space [11]
- Generous surface parking ratios
- Healthy amounts of capital expenditure under the current ownership
- Lots of natural light in many areas
The Space
Asking Price$7,549,000
Available Space42,291 ft²
SourceBuildout
The Building - Thornhill Drive Portfolio
These light industrial and office assets are located in the Heart of the Burnside Industrial Park. Burnside is the largest industrial park north of Boston and east of Montreal, with almost 2,000 enterprises and approximately 30,000 employees. Burnside Park is a centrally located urban industrial park with superb transportation links. Burnside is located adjacent to five 100-series highways, providing quick access to and from the park. Additionally, Burnside businesses are located within 10-15 minutes travel time to the downtown Halifax, the Halifax International Airport, and the Port of Halifax. The park is also abundantly serviced by C.N.R. mainline, siding, and common user facilities, and is home to the largest concentration of truck transportation in Atlantic Canada. The park is also served by public transit links including the Rapid Transit bus route.
Property TypeIndustrial
Floors2
Building Size42,291 ft²
Lot Size3.55 AC
ZoningI-2 General Industrial
Up to $500K for Nova Scotia businesses
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