6740 Kitimat Road, Mississauga

6740 Kitimat Road,
Mississauga, ON L5N 1M6

Asset Snapshot

Offering Summary

Investment Overview

Avison Young, on behalf of NTN Bearing Corporation of Canada Limited (the “Vendor”), has been retained as exclusive advisor and agent to sell the 100% fee simple interest in 6740 Kitimat Road, Mississauga, Ontario (the “Property”). The Property consists of 15.50 acres of employment land improved with a 268,594 sf industrial facility, with ±770 feet of direct frontage on Highway 401. With approximately 171,900 vehicles passing daily, the site offers an unparalleled branding opportunity for a corporate headquarters, flagship facility or national distribution operation.

Owner-occupiers have an operating facility with 9,000 amps of power in Meadowvale Business Park, one of the GTA’s most established industrial nodes.

Developers get a large infill site with the ability to deliver over 300,000 sf of new industrial product with 45% site coverage, supported by significant development charge credits.

The Property sits directly on the 401 and minutes from Highways 401 and 407 and the future 413, with close proximity to Pearson International Airport, the future CN Milton Logistics Hub and a deep surrounding labour pool. E2-24 zoning permits a broad range of employment uses including manufacturing, warehousing, distribution, office and science and technology.