London East, ON N5V 2E1,563 Clarke RD
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London East, ON N5V 2E1,563 Clarke RD
London East, ON N5V 2E1,563 Clarke RD
London East, ON N5V 2E1,563 Clarke RD
London East, ON N5V 2E1,563 Clarke RD
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$ 4,200,000
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Price Dropped by $300K

563 Clarke RD London East, ON N5V 2E1

4 Baths

23,371 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 23,371 sqft

Price per Sqft $179

Subdivision East H

MLS Listing ID X12379636

Annual Tax Amount $31,226

Tax Year 2025

Property Sub-Type Commercial Retail

Lot Depth 441.34

Lot Front 198.4

Property 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 better than 7% cap rate, this asset represents a stable, long-term incredible addition to any investment portfolio.

Location

Province ON

County Middlesex

Community East H

Area Middlesex

Interior

Cooling Partial

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 198.4

Lot Depth 441.34

Building

Building Age 51-99

Others

Security Features Yes

ParcelsYN No


Listed by RE/MAX CENTRE CITY REALTY INC.
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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563 Clarke RD