416-777-2200
1200 Commissioners Rd E, London, ON for Sale
Storefront - FOR SALE
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1200 Commissioners Rd E
London, ON N5Z 4R3


HIGHLIGHTS

  • Grocery-anchored retail plaza featuring Food Basics as the primary anchor tenant.
  • Occupied by a mix of national retailers and government-backed organizations with long operating histories at the property.
  • Situated on an 18.24-acre commercial site with approximately 716 feet of frontage along Commissioners Road East.
  • Currently 93.5% occupied with nine tenants and Year 1 net operating income of $2,171,303.
  • Located within a corridor benefiting from approximately $285 million of municipal infrastructure investment.
  • Positioned near Victoria Hospital, Western University, Highway 401 access, and established residential neighborhoods.

OVERVIEW

Colliers Private Capital Investment Group (the "Advisor") is pleased to present 1200 Commissioners Road East, London, ON, also known as "Pond Mills Square" (the "Property" or the "Building"), a 174,136 square foot (SF) grocery-anchored retail plaza, immediately west ofHighbury Avenue South and 5 minutes north of Highway 40. Pond Mills Square comprises an 18.24-acre site improved with three buildings. The Property is 93.5% leased to a diverse roster of national and government-backed tenants, including Food Basics (Metro Inc.), Dollarama, Tim Hortons, the Canadian Food Inspection Agency (Government of Canada), and Public Health Ontario (Province of Ontario), with the majority of tenants occupying the Property for over 16 years, highlighted by Food Basics, the longest-standing tenant with 27 years of occupancy. London is the largest city in Southwestern Ontario and is anchored by leading healthcare and post-secondary institutions, including Western University, with a student population of 43,000, located 15 minutes from the Property, and Victoria Hospital, one of Canada's largest hospitals, located 7 minutes away. South London is benefiting from significant public and private investment, with the City's $285 million commitment toward transportation infrastructure, roadway improvements, and residential development.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.77 AC

LAND SF

774,078 SF

ZONING

CSA5

APN/PARCEL ID

393604065500500

ASK ABOUT THIS PROPERTY

Jeremiah ShamessColliersMore Info
416-777-2200

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Jeremiah ShamessColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.