2476 Argentia Rd Bureau 9 449 m² 96 % Loué Immeuble 4 étoiles À vendre Mississauga, ON L5N 5Z7

On behalf of Concert Income Properties LP (the “Vendor”), TD Cornerstone Commercial Realty Inc. (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 2476 Argentia Road, Mississauga, Ontario (the “Property” or “Offering”), a premier suburban office property located in the heart of Mississauga’s highly coveted Meadowvale Business Park. This institutional-quality asset comprises 101,710 square feet (“SF”) of leasable area and is 100% leased to a diversified mix of high-quality tenants, including several globally recognized firms across the pharmaceutical, medical, food, banking and professional services industries. Key tenancies in the building include Novo Nordisk, Starkey Labs, BioSyent, Weichert Workforce Mobility and Business Development Bank of Canada. With a weighted average lease term (“W.A.L.T.”) of 3.1 years and a roster of financially-stable tenancies, investors benefit from secure in-place cash flow. Constructed in 2015 and benefitting from recent capital investment, the LEED Gold certified property offers efficient 25,428 sf floor plates, a tenant fitness centre, EV charging and high-quality office space. The 4.2-acre corner site offers a 4 : 1,000 parking ratio, and benefits from exceptional frontage along Argentia Road and Derry Road West. The location is easily accessible by car via Highway 401 and 407 and is well serviced by public transit where four MiWay bus routes service the Argentia-Derry corner. Additionally, a pedestrian path spanning less than 200 metres along the eastern edge of the Property connects the site to the Meadowvale GO station via a two-minute walk. Institutionally managed and meticulously maintained, 2476 Argentia Road presents minimal
near-term capital requirements and offers investors a unique opportunity to acquire a stabilized, modern suburban Toronto office asset at a discount to replacement cost. Offered free and clear of debt, the Property is a rare opportunity to secure a high-performing asset in one of the most desired corporate nodes in the Greater Toronto Area (“GTA”).