563 Clarke Road, London East, Ontario N5V 2E1

Listed for:
$4,200,000
0 beds
4 baths
Listed 52 days ago
563 Clarke Road, London East, Ontario N5V 2E1

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Learn more about this property
Listing provided by:
RE/MAX CENTRE CITY REALTY INC.
MLS® number:
X12379636
Agent:
Christopher Bol
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About

Cross Streets: Clarke Rd at Atlantic Court. ** Directions: Mid Block on Clark Rd (West Side of the Street) South of Oxford North of Dundas. An exceptional investment opportunity at 563 Clarke Road, offering nearly 20,000 sq. ft. of commercial/industrial space on over 2 acres in a high-exposure, high-traffic location. The property is fully leased to two strong covenant tenants Anderson Trucking and OK Tire both secured under true triple net (NNN) lease structures, ensuring virtually no landlord expenses. Together, the tenants generate over $304,000 in annual net income, with new five-year leases commencing in 2025 and renewal options in place. With predictable cash flow, minimal management obligations, and better than 7% cap rate, this asset represents a stable, long-term incredible addition to any investment portfolio. (id:27476)

Property Highlights

MLS® Number
X12379636
Type
Retail
Community Name
East H
Land Size
2.013 ac

Building

Square Footage
23371 sqft
Bathrooms Total
4
Amenities
Highway, Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location