602 Colby Dr
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602 Colby Dr
31,507 SF 100% Leased Industrial Building Waterloo, ON N2V 1A2 £4,608,687 (£146/SF)
Investment Highlights
- Upside rental potential
- Attractive Market
- Income security
Executive Summary
CBRE Southern Ontario Investment Team is pleased to present for
sale 602 Colby Drive (the “Property” or the “Offering”), a ±31,507 SF
single tenant industrial investment property in Waterloo, currently
leased and occupied by Nasarc Technologies Inc.
The Property’s layout, featuring a dedicated two-story front
office space, expansive 20’ high ceiling-height manufacturing/
warehouse facility, and an auxiliary upper-level mezzanine
storage area, positions it as an attractive proposition for
a user-occupier or investors seeking growth potential.
The Property boasts abundant power capacity, efficient drivein and truck-level loading access, and generous on-site parking
facilities for both employees and visitors.
The Offering presents an enticing opportunity for upside rent
potential as the current lease rent is well below market rent. The
Offering represents a strategically positioned industrial investment,
backed by a quality tenant and consistent cash flow.
sale 602 Colby Drive (the “Property” or the “Offering”), a ±31,507 SF
single tenant industrial investment property in Waterloo, currently
leased and occupied by Nasarc Technologies Inc.
The Property’s layout, featuring a dedicated two-story front
office space, expansive 20’ high ceiling-height manufacturing/
warehouse facility, and an auxiliary upper-level mezzanine
storage area, positions it as an attractive proposition for
a user-occupier or investors seeking growth potential.
The Property boasts abundant power capacity, efficient drivein and truck-level loading access, and generous on-site parking
facilities for both employees and visitors.
The Offering presents an enticing opportunity for upside rent
potential as the current lease rent is well below market rent. The
Offering represents a strategically positioned industrial investment,
backed by a quality tenant and consistent cash flow.
Property Facts
| Price | £4,608,687 | Number of Floors | 1 |
| Price Per SF | £146 | Year Built | 2004 |
| Sale Type | Investment | Parking Ratio | 0.63/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | B | Level Access Doors | 2 |
| Rentable Building Area | 31,507 SF |
| Price | £4,608,687 |
| Price Per SF | £146 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Rentable Building Area | 31,507 SF |
| Number of Floors | 1 |
| Year Built | 2004 |
| Parking Ratio | 0.63/1,000 SF |
| Clear Ceiling Height | 20 ft |
| No. Dock-High Doors/Loading | 2 |
| Level Access Doors | 2 |
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Joe Benninger -
Martin Cote -
Conor Eardley -
CBRE, Limited
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602 Colby Dr
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