675 YORK STREET

London, Ontario, N5W2S6, Canada

$4,500,000

Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment orrnowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acrernfenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by arnmajor telecom carrier providing bonus income through a Managed Services Agreement. With conservativernassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roofrnover part of the building, 2 industrial generators costing over $1M, completely upgraded buildingrncontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majorityrnhaving an 18'6"" clear height. Full data room access is available upon the completion of arnconfidentiality agreement.

Last updated on : Friday 13th of September 2024 03:20:32 PM

ADDRESS

Street : 675 YORK STREET

City : London

Province : Ontario

Country : Canada

Postal Code : N5W2S6

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PROPERTY SUMMARY

Property ID : X8382380

Property Type : Business

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