1600 Dundas Street, London East, ON N5W 3C2

London East N5W 3C2 Ontario

MLS: X12132867

$2,999,000

Added 22 days ago | For Sale

Listed by: RE/MAX GARDEN CITY REALTY INC, BROKERAGE

About Property

Triple Net Lease in place until December 2029 with 2 x 5yr tenant options. Tenant is responsible for all maintenance and repairs, including capital & structural repairs upgrades. The building is 6,171 sqft, with 50 parking stalls on .7 of an acre with a full loading dock. This is a care free lease and as hands off as it gets for a for the landlord. Convenient location in the Argyle neighborhood taking up a large stretch of 247' frontage from side street to side street. Located on on busy Dundas St. just 2km away from Fanshaw College. New roof installed in 2024, Stucco exterior completed in 2020. Being offered at 5.25% cap.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 247.99 X 123.73
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dundas & Second St.
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $18034
  • Bedrooms:
  • Total Parking Spaces:50
  • Parking Places:50
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12132867

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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