1 Commissioners Rd E 15,215 SF 100% Leased Retail Building London, ON N6C 5Z3 $7,900,000 CAD ($519.22 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.
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
$519.22 CAD
Cap Rate
2.77%
NOI
$218,624 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
1.98 AC
Zoning
BDC(44)*B-81
Parking
52 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
683’ on Commissioners Road East
NEARBY MAJOR RETAILERS
