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MLS® X12379636
London, ON
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.
Inclusions
Two Tenants (Lease Signed) Building & Land
Exclusions
Tenant Owned Tools
Broker
RE/MAX CENTRE CITY REALTY INC.
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Commercial Retail
563 Clarke Road London
London East
Built
51-99
Type
Commercial Retail
Parking
Covered
Property Tax
~$31,227/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
23371 sqft
Parking
Covered
Finances
List Price
$4,200,000
Price per SQFT
$180/sqft
Property Tax
~$31,227/yr
Property Specs
Property Type
Commercial Retail
MLS Size
23371 sqft
Age of Building
51-99
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
London East
Listed On
Sep 4, 2025
Major Highway
Public Transit
Days on Market
Current: 428 days
Room information is not available for this listing.
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