MLS®: 137980 Status: For sale

View all photos on one page  Print a Feature Sheet for this Listing  Request More Information about this Listing 
View Slide Show 

Payment Calculator
Price: ($)
Down Payment:
Rate:
 (%)
Amortization:
 (Years)
Frequency:
( * = Accelerated )
 
Down Payment:
 
Mortgage Payment:
 
All calculations for informational purposes only, and should be verified.
$629,000
Location:

2469 Aviation Lane, London Ontario, N5V3Z9

2469 Aviation Lane, London Ontario
Description:
Located at the London Intl Airport. Total building area of 14,876 sf with 2 levels of office space of 4,386 sf. Building is in excellent condition throughout. Main floor approx. 7,594 sf is leased until May 31, 2021 at $4.75/SF. Main floor rear warehouse consisting of 4,857 sf is leased to German Energy Alternatives Inc. lease expiring on April 30, 2022. Escalating lease rate. May 1, 2018-$3/SF; May 1, 2019-$3.50/SF; May1 2020- & May 1, 2021-$4.50/SF. Second floor office consisting of 2,193 sf is owner occupied. Seller may lease back for 2 years at $5.50/SF on a net basis. Net income of $55,899.93 in yr , $60,805.50 in yr 2, $65,132.50 in yr 3 and $69,989.50 in yrs 4 and 5. Cap rate of 9.6% in 2018 and increasing to 11.1% in 2020. Building is on leased land. Monthly payments are $ 588.66 including HST payable to the GLIAA. Lease term extension granted upon a sale. Site and building plans in documents. (id:2471)
Property:
Type: Business
Lot Dimensions: 0.72Acreage: 0.72 ac|1/2 - 1 acre
Utility Types Available: Cable (Available)
Sewer: Municipal sewage systemWater: Municipal water
Structure:
Age: 1998
Style: Offices
Bathrooms: 4
Heating: Forced air
Heating Type: Natural gas
Cooling Type: Central air conditioning
Exterior: Concrete
Flooring: Ceramic
Features:
Handicapped adaptable     
Loading..
Click Here to View Additional Neighbourhood Information
View Slide Show  View all photos on one page

2469 Aviation Lane, London Ontario

RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com

Gord Prior
Sales Representative

Email Me

Telephone:
519-667-1800



Listing Office: RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED

MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.

Go Back

The above information is believed to be accurate but is not warranted.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademark DDF® is also owned by CREA and identifies CREA's Data Distribution Facility (DDF®). The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
**Broker *Sales Representative

Powered by YOA.ca