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$4,500,000
Ontario,London East (East H)
For Sale Active
563 CLARKE ROAD, London East (East H), Ontario N5V2E1
  • 4
  • 23,371 Sqft
Contact Seller
1-877-888-3131
Basic Details
Description

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 market valuations supporting a 5.5% cap rate ($5.5M$6.1M), this asset represents a stable, long-term addition to any investment portfolio. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12379636
  • Price: $4,500,000
  • Bathrooms: 4
  • Square Footage: 23,371 Sqft
  • Status: Active
  • Property Sub Type: Retail
  • Office Key: 47253
Features & Appliances
Features
  • Heating System: Other, Natural gas
  • Cooling System: Partially air conditioned
Address Map
  • Location: CA, Ontario, London East (East H), N5V2E1
  • Street: Clarke
  • Street Number: 563
  • Street Suffix: Road
  • Longitude: W82° 49' 11.8''
  • Latitude: N43° 0' 42.7''
Additional Information
  • Water Source:
  • Business Type: Automobile
  • Lot Size Dimensions: 2.013
Financial
  • Tax Annual Amount: 31226.5
Powered by REALTOR.ca
Listing updated: 2025-10-05 07:54:17
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Listing Information
  • List Agent Key: 2008990
  • List Office Key: 47253
  • Modification Timestamp: 2025-09-04T12:05:45Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-09-04T11:53:39Z
Powered by REALTOR.ca
Listing updated: 2025-10-05 07:54:17

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