Business For Sale · Office

100 - 256 PALL MALL STREET, London East (East F)

100 - 256 PALL MALL STREET, London East (East F), ON N6A5P6

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

94%

About this property

This premium 969-square-foot main-floor office suite, located at 256 Pall Mall Street (Suite 100) in London, Ontario, presents a high-visibility sublease opportunity under OF1 zoning. This zoning allows for a variety of professional office and commercial services. The functional layout includes four private offices and a dedicated reception area, all available at a competitive gross rent of $1,950+ HST per month. The current term runs until January 31, 2031, with an additional five-year renewal option for long-term stability. The building offers professional management, on-site parking, secure access, and access to common facilities during standard business hours. Sublease arrangements are subject to prior written landlord consent and require the subtenant to meet the landlord's financial and reputation standards. For more details, contact the listing agent. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

110,625

Households

52,634

Median income

$67,000

Median age

41.1

Daytime population

166,537

5-yr growth

8.4%

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

Secure deal room

Confidential diligence documents for 100 - 256 PALL MALL STREET, London East (East F).

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.