For Sale

563 Clarke Road, London East, Ontario N5V 2E1

$4,500,000

563 Clarke Road, London East, Ontario N5V 2E1 is For Sale and has a listing price of 4,500,000. The property is located in the London East . It's been on the website for 11 Days.

  • 4
    Bathrooms
  • MLS ID: X12379636
  • Office Name RE/MAX CENTRE CITY REALTY INC.
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12379636
  • Price: $4,500,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 441.34
  • Ref ID: X12379636
  • Dir / Cross St: Clarke Rd at Atlantic Court,
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/04/2025 X12379636 $4,500,000 For Sale - -
06/27/2025 X12249235 $4,800,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $688,686 Average List Price
    based on 1 year
  • 339 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.96 % Up
  • Sold (12mo) 365
  • Rented (12mo) 110

  • 1 Month Change -25.6%
  • 3 Month Change -43.1%
  • 6 Month Change +11.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 4
  • Garage Type Covered
  • Taxes: $31,227
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Available including Tenants Immediately
  • Listing Entry Date: 04/09/2025 11:12:19
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