ON
London East (East H)
N5V2E1
563 Clarke Road
563 Clarke Road, London East (East H), ON N5V2E1
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
14
$4,500,000

Home Details for 563 Clarke Road

Price
$4,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
4.0
Square feet
NaN
Lot size acres
2.013
Parking
Days on site
7
Listing #
X12379636
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 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:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Other
Listing Courtesy: RE/MAX CENTRE CITY REALTY INC.
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EXIT REALTY GROUP, BROKERAGE
100 Bell Blvd. Suite 200, Belleville, ON K8P 4Y7
Jess Moore
License #: 5030835
Sales Representative
Office
613 966 9400
Agent
613 827 0543
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