





1/7720 CABELL Street, London, ON N5Z1P7
$1.3M total
12,960 SF
Asset Class
Industrial
Size
12,960 SF
Building class
B
Zoning
IM — Medium Industrial
$ / SF
$100
Occupancy
92%
Clear height
22 ft
Loading docks
9
Unlock the full potential of this prime commercial property located in East London. Sitting on a generous lot, 720 Cabell Street offers investors and developers a rare opportunity to capitalize on strong market demand for storage, service, and light-industrial space. Currently being used as a Mini Storage facility and a few office on the main floor . When you buy the building you can continue with the Mini storage or change the use. Permitted Uses Under LI1 (Light Industrial 1) In the LI1 variation, the following uses are expressly permitted (subject to compliance with the by-law’s general provisions, regulations, setbacks, etc.): City of London a) Bakeries b) Business service establishments c) Laboratories d) Manufacturing and assembly industries e) Offices support f) Paper and allied products industries (excluding pulp and paper, asphalt roofing) g) Pharmaceutical and medical product industries h) Printing, reproduction and data processing industries i) Research and development establishments j) Warehouse establishment k) Wholesale establishments l) Custom workshop m) Brewing on premises establishments n) Service trades o) Existing self-storage establishments (i.e. those already in place under certain conditions) p) Artisan workshop q) Craft brewery (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$74K
Annual cash flow
$2K
Cash-on-cash
0.55%
DSCR
1.03
Going-in cap
5.71%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 11,897 SF | 2033-10 |
Trade area within 3 miles of the property.
Population
134,673
Households
47,559
Median income
$67,000
Median age
37.9
Daytime population
143,020
5-yr growth
1.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 720 CABELL Street, London.
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.