75 Hempstead Drive Hamilton, Ontario L8W 2Y6
35,296 ft2
Air Conditioned
Forced Air, Radiant Heat
Acreage
$8,979,900
This 35,296-square-foot industrial building has a Net Operating Income of over $425,000/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. For further details please request access to the Data Room which includes floor plans, a Profit and Loss Statement, and more! (id:51013)
Business
| Business Type | Industrial |
| Business Sub Type | Industrial |
Property Details
| MLS® Number | H4190283 |
| Property Type | Industrial |
| Amenities Near By | Public Transit |
| Loading Type | Truck Level |
| Parking Space Total | 54 |
Building
| Cooling Type | Air Conditioned |
| Fire Protection | Smoke Detectors |
| Heating Type | Forced Air, Radiant Heat |
| Size Exterior | 35296 Sqft |
| Size Interior | 35,296 Ft2 |
| Type | Multi-tenant Industrial |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | Yes |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 420 Ft |
| Size Frontage | 80 Ft |
| Size Irregular | 80.35 X 420.77 |
| Size Total Text | 80.35 X 420.77|2 - 4.99 Acres |
| Zoning Description | M3 - Prestige Business Park |
https://www.realtor.ca/real-estate/26758564/75-hempstead-drive-hamilton
Contact Us
Contact us for more information
Lucas Colalillo
Salesperson
(905) 574-0026
Realty Network
431 Concession Street
Hamilton, Ontario L9A 1C1
431 Concession Street
Hamilton, Ontario L9A 1C1
(905) 389-3737
(905) 574-0026
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April 16 2024 07:09:01
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