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:52316)
RE/MAX CENTRE CITY REALTY INC.
$4,500,000
563 CLARKE ROAD, London East, Ontario
4 Bathrooms
23371 Sqft
Property
MLS® Number: X12379636
Address: 563 CLARKE ROAD
City: London East
Utilities
Heating: Other/Unknown
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Property Sale History
Travel and Neighbourhood
53/100Walk Score®
Somewhat Walkable
Location
