Description

Price : $2,999,000.00 MLS^® : X12132867 / 1600 Dundas Street, London East, ON N5W 3C2

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.

Location Description

Dundas & Second St.

Property Details

• Community: East H
• Property Type: Tenant/Commercial
• Garages: None
• Annual Property Taxes : $ 18034

Building Features

• Parking Type : None

Features

• Heating : Gas Forced Air Open

Land (Lot Features)

• Frontage: 247.99 sq.ft
• Land Depth: 123.73sq.ft

Listing Contracted With: RE/MAX GARDEN CITY REALTY INC, BROKERAGE