352 SOVEREIGN Road, London
352 SOVEREIGN Road, London, ON N6M1A8
$13 per sq ft / yr
13,800 SF
Asset Class
Industrial
Size
13,800 SF
Building class
B
Zoning
IL — Light Industrial
$ / SF
$0
Occupancy
99%
Lot Size
0.754 ac
Clear height
22 ft
Loading docks
2
About this property
100% Air Conditioned building. 12,010 SF clean warehouse and 1,790 SF office including boardroom and lunchroom. Located in South London, within a well-established industrial/commercial corridor with close access to Highway #401. Dock and drive loading 12' x 12' doors + additional side door loading 8' x 8'. Zoned LI2&LI7, that accommodates various uses such as support office, warehousing, manufacturing, wholesale, laboratories, service trades, commercial schools, truck and automotive services and sales, and many more. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
6.91%
DSCR
1.37
Going-in cap
7.62%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 8,330 SF | 2031-02 |
| Halcyon Wealth Partners | 3,270 SF | 2031-02 |
| Halcyon Wealth Partners | 1,265 SF | 2031-02 |
| Halcyon Wealth Partners | 825 SF | 2031-02 |
Area demographics
Trade area within 3 miles of the property.
Population
44,387
Households
18,949
Median income
$107,500
Median age
33.9
Daytime population
72,432
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 352 SOVEREIGN Road, 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.