Square Feet

About Unit 100

Wonderful retail or office opportunity in downtown London with street front exposure on Clarence St, adjacent to CitiPlaza.  5 built out offices on the main floor with kitchen/break room and reception area.  Updated flooring and bright paint greet you as you enter this stunning unit. This is a semi gross sublease currently set up as an ESL School but would be an excellent legal firm, accounting firm, retail store with frontage.  This is a professional building with tenants including the Catholic School Board, M&T Printing and Tanning Salon.  Landlord will enter into a new longer term lease.
  • Improved
  • Kitchen
  • Est. Monthly Rent: Undisclosed
  • Floor: 1
  • Size 2,100 SF
  • Type Office
  • Gross Rent Undisclosed
  • Base Rent $16.00/SF
  • Additional Rent Undisclosed
  • Lease Sublease
  • Lease Expiry Dec 18, 2018
  • Availability Now
  • Last Updated Mar 15, 2017
  • Verified On Mar 15, 2017
  • Source Colliers International
  • Flyer Download

About Clarence Professional Centre

Totally leased and centrally located this 2 storey Office/Retail building is an Excellent Investment opportunity in downtown London. Street front exposure adjacent to CitiPlaza and 1 block to the NEW Fanshawe College downtown campus, close to new developments/revitalization projects and all downtown amenities. Recent capital improvements include, roof, HVAC, leaseholds, etc. Tenants include London Catholic School Board, M&T InstaPrint, Tanning Salon, etc. Note - Seller is agent. Asking $1,550,000, 7% Cap Rate!
  • Property Type Office
  • Status Existing
  • Sale Price $1,550,000
  • Total Available Space 8,900 SF
  • Direct Available Space 0 SF
  • Sublet Available Space 2,100 SF
  • Min Divisible 2,100 SF
  • Max Contiguous 8,900 SF
  • Building Size 8,900 SF
  • Managed By Colliers International
  • Flyer Download

Property Manager

Colliers International

Colliers International is Canada’s largest commercial real estate services company, providing a full range of services to real estate occupiers, developers and investors. Services include brokerage, real estate management, valuation, consulting, project management, project marketing and research. Through a culture of service excellence and a shared sense of initiative, Colliers Canada and our more than 1,400 professionals integrate the resources of real estate specialists across Canada to accelerate the success of our clients. In 2013 alone, Colliers Canada concluded more than 4,600 sale and lease transactions on behalf of investors and occupiers totaling some $7.8 billion across Canada. Colliers also completed more than 1,400 property valuations in 2013 and currently manages 46.4 million square feet of space.

Find out more about Colliers International

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Kristin Nielsen

Colliers International

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