1600 Dundas ST new

London East,ON N5W 3C2

$ 2999000

- Bed

- Bath

30698 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 30,698 sqft

Price per Sqft $97

Subdivision East H

MLS Listing ID X12132867

Building Age 51-99

Annual Tax Amount $18,034

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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

State ON

County Middlesex

Community East H

Area Middlesex

Interior

Cooling Yes

Exterior

Utilities Available None

Lot Frontage 247.99

Lot Depth 123.73

Others

Security Features No

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