Description

Listed by CBRE LIMITED

CBRE is pleased to offer for sale 8699 Stanley Avenue, a significant industrial asset strategically located within Niagara Falls' established Stanley Industrial Park. Comprising approximately 123,466 sq. ft. of industrial space on 20 acres of land, this property presents a unique opportunity for both investors and owner-occupiers seeking scale, flexibility, and future growth potential.The facility features 18-foot clear height, substantial heavy power infrastructure with thousands of amps available, and seven dock-level shipping doors, making it well-suited for manufacturing, warehousing, logistics, and a variety of industrial uses. The property has been well maintained, including a roof replacement completed in recent years, reducing near-term capital expenditure requirements.Currently, approximately 83,605 sq. ft. is leased to two established tenants, generating attractive in-place income of approximately $784,000, while approximately 39,861 sq. ft. remains vacant, creating an ideal owner-occupier opportunity for businesses seeking immediate occupancy alongside investment income. Alternatively, investors can capitalize on the remaining vacancy through lease-up of the available space, positioning the asset to achieve an estimated 7% capitalization rate upon stabilization.A defining feature of the offering is the abundance of excess land. The site provides substantial room for future expansion, allowing purchasers to increase building area and unlock additional value over time, creating a rare large-format industrial campus in one of Niagara's most desirable industrial locations.Strategically positioned just minutes from the QEW Highway, the property offers excellent connectivity to the Greater Toronto Area, Hamilton, Buffalo, and major border crossings, while maintaining immediate access to Niagara's skilled labour force and transportation infrastructure.