For Sale · Retail

8A - 561 SOUTHDALE ROAD E, London South (South X)

8A - 561 SOUTHDALE ROAD E, London South (South X), ON N6E3M7

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

Lot Size

2000 ac

About this property

An exceptional opportunity is available for ONLY doctors to establish a practice WITH NO OVERHEAD COST. Opportunity available exclusively for family physicians with an existing FHO group or medical specialists, including dermatology or rheumatology. This location offers excellent visibility and exposure. The space provides an excellent opportunity for up to four physicians to practice together, including the potential for an FHO co-location. The unit features 7 examination rooms. Additional highlights include FREE 90+ parking spaces convenient access for both patients and staff. Lab and X-ray within walking distance of clinic. A fantastic opportunity to establish or relocate your practice in a high-traffic, healthcare-focused location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

51,547

Households

19,294

Median income

$125,500

Median age

35.8

Daytime population

53,367

5-yr growth

6%

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

Secure deal room

Confidential diligence documents for 8A - 561 SOUTHDALE ROAD E, London South (South X).

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.