The Property is situated on a large 3.15 acre corner lot in South London with 3 ingress/egress points and bus service along Wharncliffe Road. The Property is easily accessible by both vehicular and public transportation.
Comprised of 37,633 SF, the Property is 91% leased to a diverse roster of tenants.
With less than 15% of the GLA expiring within the next 5 years, the projected cash flow has a high degree of certainty.
Between 2016 and 2021, the population of London grew at the fastest rate in Ontario and the fourth fastest in Canada.
Potential to assume mortgage with attractive terms: 2.56% interest rate maturing in July 2026.
Address: 467 Wharncliffe Road South, London, ON
Intersection: Wharncliffe Road South and Base Line Road West
Site Area: 3.15 acres
Key Tenants: Shoppers Drug Mart, Burger King (commencing 2024), Harry’s Restaurant, Old Bagel House, Fat Bastard Burrito, The Nail Boutique, Daniel A. Jewelry, Lux Smoke Vape