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. (id:4555)
PROPERTY SPECS
Listing ID X12379636
Address 563 CLARKE ROAD
City London East (East H), ON
Price $4,200,000
Bath 4 Full
Land Size 2.013
Status For sale
EXTENDED FEATURES
Amenities NearbyHighway, Public TransitCoolingPartially air conditionedHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-09-04 14:01:19Days on Market49