Long-Term NNN Industrial Sale-Leaseback Investment. 38,201 SF Freestanding Industrial Facility (Approx. 2,737 SF Office & 35,464 SF Industrial) On Approx. 18.45 Acres In Rosslyn (Oliver Paipoonge), Minutes West Of Thunder Bay With Quick Access To Hwy 130 And The Trans-Canada Highway (Hwy 11/17). A W...ell-Established Industrial Tenant With A 49+ Year Track Record Will Sign A New 10-Year Triple Net Lease On Closing At $12.00/SF In Year 1 With 2.5% Annual Escalations (Approx. $458,412 Year-1 Net Rent - 8.49% Going-In Cap Rate At List Price). Steel Frame Construction, 26 Ft Clear Height, 14 Grade-Level Doors, Crane-Served Bays, Gas Forced Air Heat. Originally Built 1974 With Expansions Through 2022. Zoned PM1 (Paipoonge Light Industrial). Large Yard With Outside Storage. Services: Hydro, Drilled Well, Septic, Natural Gas, Telephone & High-Speed Internet. Thunder Bay Is The Main Service Hub For Northwestern Ontario And The Gateway To The Ring Of Fire Mineral Region. Ideal For REITs, Institutional And Private Investors Seeking Stable, Hands-Off Income.
Full Property Details
General
Business Type
-
Industrial Area
35464.00 Sq Ft
Office Area
2737.00 Sq Ft
Total Area
38201.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
14
Truck Level Shipping Doors
-
Business Type
-
Industrial Area
35464.00 Sq Ft
Office Area
2737.00 Sq Ft
Total Area
38201.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
14
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
No
Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
No
Exterior
Depth
1821.8
Front
172.85
Lot Size
173 x 1821.8 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
PM1 (PAIPOONGE LIGHT INDUSTRIAL ZONE)
Depth
1821.8
Front
172.85
Lot Size
173 x 1821.8 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Outside/Surface
Garage Spaces
-
Zoning
PM1 (PAIPOONGE LIGHT INDUSTRIAL ZONE)
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
Septic
Water Supply
Well
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
Septic
Water Supply
Well
Possession Date
No Data
Community
Community
Rosslyn Village
Community
Rosslyn Village
Taxes & Fees
Taxes
$101,380.76 /yr
Tax Year
2026
Occupancy
Owner
Taxes
$101,380.76 /yr
Tax Year
2026
Occupancy
Owner
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