563 Clarke Road London East (East H), Ontario N5V 2E1
$4,500,000
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:41954)
Business
| Business Type | Automobile |
| Business Sub Type | Automotive |
| Name | 563 Clarke Rd |
Property Details
| MLS® Number | X12379636 |
| Property Type | Retail |
| Community Name | East H |
| Amenities Near By | Highway, Public Transit |
Building
| Bathroom Total | 4 |
| Age | 51 To 99 Years |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 23371 Sqft |
| Size Interior | 23371 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Size Depth | 441 Ft ,4 In |
| Size Frontage | 198 Ft ,4 In |
| Size Irregular | 2.013 |
| Size Total | 2.013 Ac |
| Size Total Text | 2.013 Ac |
| Zoning Description | Rsc1 Rsc4 Li7 |
https://www.realtor.ca/real-estate/28811111/563-clarke-road-london-east-east-h-east-h
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September 04 2025 11:53:39
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.