Commercial Property Description

This commercial property consists of a primary 42,584 sq. ft., two-storey specialized warehouse and office facility, configured for the storing and handling of unique products or materials, plus two outbuildings providing an additional 1,524 sq. ft. of space to be used for supplemental warehousing and changing room functions. The site is strategically located with easy access to the Port of Kingston, the Downtown Kingston business district, and major highways.

The facilities were originally designed for cold storage warehousing, including refrigerated and frozen storage. Incoming tenants may use the premises as configured for cold storage, or convert areas at their own expense to standard warehouse and office space, or implement a combination of standard warehouse/office and cold room functions to suit operational needs. The main warehouse building includes 10 to 11 loading bays and three roller shutter doors. Adequate parking is provided at both the front and rear of the property.

This property is offered for single-tenant occupancy, with a preferred lease structure of a five-year absolute triple net (NNN) lease, including annual rent adjustments based on the consumer price index. An option to renew for an additional term may be negotiated by mutual agreement. Rent is subject to G.C.T. The site is cleared, fully sewered, level, and offers highway access; public transportation is nearby, and the location is on a corner site.