1. Investment Opportunity
19 Allaura Blvd., Aurora, Ontario 19,470sf situated on 1.38 acres
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Call us to learn more:
19 Allaura Blvd., Aurora, ON
Max Smirnis* The property is located in the Town of Aurora just east of Yonge Street.
Sales Representative, Industrial This manufacturing facility is 19,470 sf on 1.38 acres, zoned for outside
Cushman & Wakefield Ltd.
storage, the tenant: Five Star Tooling Manufacturing Inc. has occupied
Tel: 416 756 5407
max.smirnis@ca.cushwake.com the facility for 6 years. There is an additional 4 years remaining on the
lease term.
CUSHMAN & WAKEFIELD LTD. BROKERAGE * SALES REPRESENTATIVE
EO&E: THE INFORMATION CONTAINED HEREIN HAS BEEN PROVIDED TO CUSHMAN & WAKEFIELD LTD. BY OTHERS. WE DO NOT WARRANT ITS ACCURACY. YOU ARE ADVISED TO INDEPENDENTLY
VERIFY THE INFORMATION PRIOR TO SUBMITTING AN OFFER AND TO PROVIDE FOR SUFFICIENT DUE DILIGENCE IN AN OFFER. THE INFORMATION CONTAINED HEREIN MAY CHANGE FROM TIME TO
TIME WITHOUT NOTICE. THE PROPERTY MAY BE WITHDRAWN FROM THE MARKET AT ANY TIME WITHOUT NOTICE.
2. 19 Allaura Blvd., Aurora, ON - Building Specifications 19 Allaura Blvd., Aurora, ON - Location Maps
BUILDING OVERVIEW COMMENTS TENANCY DETAILS
Address: 19 Allaura Blvd., Aurora • Freestanding industrial building Five Star Tooling Manufacturing Inc. (FSTM)
Intersection: Yonge Street/Allaura Blvd. • Three-level office FSTM has been a tenant in the facility for 6 years and is a tooling and stamping operation servicing the automotive
Building Size: 19,470 square feet • Precast construction industry.
Office Area: 13% • Four 5-tonne cranes
Clear Height: 25’ 6” • New roof – 2004 FINANCIAL DETAILS
Shipping: 4 oversized drive-in doors • New heating units – 2005 CURRENT NET INCOME
Sprinkers: Yes May 1, 2011 – April 30, 2012 $6.70 psf net ($130,449.00 per annum)
Heat: orced Air Gas
F ASKING PRICE May 1, 2012 – April 30, 2013 $6.85 psf net ($133,369.50 per annum)
Lot Size: 1.38 acres $2,200,000.00 May 1, 2013 – April 30, 2014 $7.00 psf net ($136,290.00 per annum)
Zoning: Industrial (outside storage)
Taxes: $38,818.50 (2010) T.M.I.: $3.19 per square foot (includes management fee)
OPTION: FSTM has on 5-year option to renew at market rents.
LEASE EXPIRY: April 30th, 2014