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1 Commissioners Rd E

15,215 SF 100% Leased Retail Building London, ON N6C 5Z3 $7,900,000 CAD ($519 CAD/SF) 2.77% Cap Rate

Investment Highlights

  • Ample parking
  • Retail amenities nearby
  • Heavy commercialized area
  • Access to public transit and highway
  • High exposure location

Executive Summary

Exceptional investment opportunity for those seeking a fully leased building with excess land allowing for a future
residential development. The property includes excess land and a well maintained multi-tenant office building that
has undergone several recent capital improvements. A full confidential information memorandum can be provided
once a confidentiality agreement is executed.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
15,215 SF
Building Class
C
Year Built
1991
Price
$7,900,000 CAD
Price Per SF
$519 CAD
Cap Rate
2.77%
NOI
$218,624 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Land Acres
1.98 AC
Zoning
BDC(44)*B-81
Parking
52 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
683 ft on Commissioners Road East
  • Listing ID: 33069096

  • Date on Market: 2024-09-05

  • Last Updated:

  • Address: 1 Commissioners Rd E, London, ON N6C 5Z3

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