531 Shaw Road, Thames Centre, Ontario, N0L1G4
This industrial property in Thames Centre is for sale offering roughly 4 sq ft of space.
Sale with " LONG TERM' LEASEBACK with an 8% Cap Rate. Excellent opportunity to acquire an owner-occupied industrial facility located on the outskirts of London east, in close proximity to Dorchester and with convenient access to major highways. This well maintained property sits on approximately 4 acres and offer a total building area of 49,550 sq. including 6,000 sq ft of office space.The building features 11 shipping doors, a sprinkler system and is situated within an established industrial area zoned M2 (Rural Industrial). Vendor is willing to lease back on market terms, making this an ideal opportunity for investors seeking stable industrial income. A rare offering combining scale, functionality and flexibility in a strong location just outside the city. Rental info and Financials will be available upon request. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 189 days on market, against an average age of 92 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This industrial in Thames Centre is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,250,000, about 52.5× the local median household income of $100,000.
Carrying it typically needs a household income of about $1,025,509 (20% down, 25-yr amortization, stress-tested) — roughly 926% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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