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Type: Office
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Property Type: Commercial
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Business Type: Professional Office
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Zoning: ASA (1) (3) (4)
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Age: No Data
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Taxes: 15.6
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MLS®#: X10429399
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Days on Site: 1 Days
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Added: Nov 18, 2024 (2 days ago)
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Updated:
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Last Checked: 4 hours ago
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Listed By: EXP REALTY
LEASE TAKEOVER. 101 Cheryhill Blvd in North London. Main floor unit. Unit 111 offers 2,807 square feet of prime space on the main floor of a professionally managed, predominantly medical building. The current layout includes three separate entrances, a spacious open area, four private offices, a kitchenette, three washrooms (one of which is accessible), and a secure bank vault that can be utilized for storage. Ample free parking. Co-Tenants include Cherryhill Pharmacy, Walk in Clinic, Dentist, Chiropractor, H&R Block and much more! The existing lease is in effect until April 30, 2033. Net rent is $11.50 per square foot, with additional rents of $15.60 per square foot, which include utilities. The lease features a rent escalation of $0.50 per square foot every two years. The total monthly rent is $6,339.14, plus HST.
Property
Status: Lease
Type: Professional Office
Property Type: Office
Property Type: Office
Area: London
Community: North N
Inside
Bathrooms: 3
Air Conditioning: Y
Washrooms: 3
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: N
Water Supply: Municipal
Physically Handicapped-Equipped: Y
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PART LOT 18 CONCESSION 2 , PART BLOCKS "B" & "C" PLAN 965; DESIG
Taxes: $16
Taxes Type: T.M.I.
Land
Cross Street: Right onto Cherryhil
Municipality District: London
Parcel Number: 080740031
Lot Depth: 218 Acres
Lot Frontage: 438.65 Acres
Zoning: ASA (1) (3) (4)
Commercial Specific
Sprinklers: Part
Terms: 96
Total Area: 2807
Total Area Metric: Sq Ft
Minimum Rental Months: 96
Office Size: 2807
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Unit
St Thomas More Separate School
Elementary: CatholicOrchard Park Public School
Elementary: PublicUniversity Heights Public School
Elementary: PublicJeanne-Sauvé Public School
Elementary: PublicEagle Heights Public School
Elementary: PublicKensal Park Public School
Elementary: PublicWestminster Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicOakridge Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicSir Frederick Banting Secondary School
Secondary: Public
