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563 Clarke Road, London East, ON N5V 2E1 (Clarke Rd at Atlantic Court,)

Price : $4,200,000.00 , MLS®# : X12379636

Thanesh Sivaganasundram
Real Estate Agent
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 Description

Clarke Rd at Atlantic Court,

Property Details
  • Community: East H
  • Property Type: Tenant/Commercial
  • Bath: 4
  • Garages: Covered
  • Annual Property Taxes : $ 31226.5
Building Features
  • Parking Type : Covered
Features
  • Heating : Gas Forced Air Open

Listing Contracted With: RE/MAX CENTRE CITY REALTY INC.