7 Michigan Boulevard, St. Thomas | Image 1

7 Michigan Boulevard

St. Thomas, NE

  • Commercial

$X
For Rent

Added 12 hours ago

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  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Factory/Manufacturing

  • Zoning: EL

  • Age: No Data

  • MLS®#: X9752018

  • Added: Oct 29, 2024 (12 hours ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CANADIAN COMMERCIAL REALTY INC

7 Michigan Boulevard (the Property) in St. Thomas ON represents 203,809 SF of industrial space on 11.117 acres. The Property is undergoing a significant renovation including roof reconstruction, repairing/replacing the floor, and related site work.The Property is ideally located just 5 minutes from the new Volkswagen-backed PowerCo SE EVBattery Cell Gigafactory. St. Thomas is a manufacturing hub experiencing significant growth with employers including Magna, Element 5, Masco, Takumi, Gorman-Rupp, Amazon, and more. TheProperty is 17 minutes from London and 401/402 access providing efficiency for logistics. St.Thomas is home to a historically stable employment market and is expected to experience significant growth over the next 5-10 years. Located on a bus route and in the center of St.Thomas, the Property will offer employers a convenient and attractive location.The Property will be ready for occupancy in Fall 2025.Disclosure: GKN Sinter Metals is not reviewing or commenting on any information, or providing any representations regarding the property or building set out in the listing/brochure.

Property

  • Status: Lease

  • Type: Factory/Manufacturing

  • Property Type: Industrial

  • Property Type: Free Standing

  • Area: St. Thomas

  • Community: NE

  • Availability Date: Flexible

  • Assessment Amount: $2,766,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Volts: 480

  • Amps: 2000

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Taxes Type: Annual

Land

  • Cross Street: Yarmouth Road

  • Municipality District: St. Thomas

  • Parcel Number: 351910010

  • Sewer: San+Storm

  • Lot Depth: 564 Acres

  • Lot Frontage: 642.8 Acres

  • Zoning: EL

Shipping Doors

  • Clearing Height (ft): 31

Commercial Specific

  • Shipping Doors Drive In Level: 7

  • Shipping Doors Truck Level: 3

  • Rail: N

  • Sprinklers: Y

  • Terms: 240

  • Total Area: 203809

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 60

  • Industrial Area Size: 188887

  • Industrial Area Metric: Sq Ft

  • Office Size: 14932

  • Office Size Metric: Sq Ft

  • Lot Code: Lot

  • Building Percent: 100

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