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$4,500,000
Available - For Sale
Listing ID: X12379636
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.
Price $4,500,000
Taxes: $31,226.5
Tax Type: Annual
Assessment Year: 2024
Occupancy by: 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,
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Use: Automotive Related
Building Percentage: T
Total Area: 23,371
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
Maintenance: 0
Sprinklers: Yes
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.

563 Clarke Road , London East, N5V 2E1, Middlesex


 
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At a Glance:
Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East H
Style:
Lot Size: x 441.34(Feet)
Approximate Age: 51-99
Tax: $31,226.5
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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