For Lease · Land

16 CLARKE ROAD, London East (East Q)

16 CLARKE ROAD, London East (East Q), ON N5W5W6

$2.5 per sq ft / yr

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Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

95%

About this property

Prime commercial vacant land available for lease in a high-exposure East London location. Approx. 75 x 150 ft lot (approx. 11,250 sq ft), suitable for AUTO SALES or other permitted uses. Zoned RSC6. Property is currently un-serviced. Easy to show. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3
Down payment30% · $1
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

117,223

Households

51,470

Median income

$69,000

Median age

41.5

Daytime population

178,815

5-yr growth

3.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 16 CLARKE ROAD, London East (East Q).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.