563 Clarke Road

London East, ON

4 bath • 23,371 sqft • Commercial Retail • 351 days on market

$4,200,000Price reduced 7%

An exceptional investment opportunity at 563 Clarke Road, offering nearly 20,000 sq. ft. of commercial/industrial space on over 2 acres in a high-exposure, high-traffic location. The property is fully leased to two strong covenant tenants Anderson Trucking and OK Tire both secured under true triple net (NNN) lease structures, ensuring virtually no landlord expenses. Together, the tenants generate over $304,000 in annual net income, with new five-year leases commencing in 2025 and renewal options in place. With predictable cash flow, minimal management obligations, and better than 7% cap rate, this asset represents a stable, long-term incredible addition to any investment portfolio.

Listing Details

Taxes (2025): $31,227
Originally Listed: $4,500,000
Listed: September 4, 2025

Price History

Listing history

Property

Age: 51-99
Lot Size: 198.4 x 441.34 Feet

Location & Legal

Cross Street: Clarke Rd at Atlantic Court,
Zoning: RSC1 RSC4 Li7
Parcel Number: 081090219
Possession: Immediate

Commercial

Business Type: Automotive Related
Occupancy: Tenant
Office / Apartment Area: 4 %

Included

Inclusions: Two Tenants (Lease Signed) Building & Land
Exclusions: Tenant Owned Tools
Rental Items: TBD

Community

Postal area N5V

Population: 32,961
Private dwellings: 13,236
Median age: 36.4
Average household size: 2.6
Median household income: $74,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London East · last 12 months

Median sold price: $460,000
Homes sold: 1,318
Median days on market: 24
Sale-to-list price: 97.1%

Based on 1,318 recorded sales of commercial properties in London East over the last 12 months.

Listed by

RE/MAX CENTRE CITY REALTY INC.

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