$4,200,000
Available - For Sale
Listing ID: X12379636
563 Clarke Road , London East, N5V 2E1, Middlesex
| 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. |
| Price | $4,200,000 |
| Taxes: | $31226.50 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 563 Clarke Road , London East, N5V 2E1, Middlesex |
| Postal Code: | N5V 2E1 |
| Province/State: | Middlesex |
| Legal Description: | PART LOT 5 CONCESSION 1 AS IN 317759, 44 |
| Directions/Cross Streets: | Clarke Rd at Atlantic Court, |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Retail |
| Use: | Automotive Related |
| Building Percentage: | T |
| Total Area: | 23371.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 4 |
| Office/Appartment Area Code: | % |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Business/Building Name: | 563 Clarke Rd |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Hours Open: | Monday |
| Employees #: | 7 |
| Seats: | 0 |
| Sprinklers: | Yes |
| Washrooms: | 4 |
| Outside Storage: | T |
| Rail: | N |
| Crane: | F |
| Clear Height Feet: | 18 |
| Truck Level Shipping Doors #: | 1 |
| Height Feet: | 10 |
| Double Man Shipping Doors #: | 9 |
| Height Feet: | 10 |
| Width Feet: | 12 |
| Drive-In Level Shipping Doors #: | 4 |
| Height Feet: | 12 |
| Width Feet: | 8 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CENTRE CITY REALTY INC. |
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Bus:
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East H |
| Approximate Age: | 51-99 |
| Tax: | $31,226.5 |
| Baths: | 4 |
| Fireplace: | N |
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