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Type: Industrial
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Property Type: Commercial
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Business Type: Warehousing
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Zoning: LI2 LI7
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Age: 31-50 years
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MLS®#: X9233307
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Days on Site: 71 Days
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Added: Jul 31, 2024 (4 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: CBRE LIMITED
Professionally managed multi-tenant complex under new ownership. Unit 329 is 4,317 SF (86% Office and 14% warehouse) with 15" clear height featuring two dock-level doors. The Landlord is willing to renovate the unit to make it more suitable for warehouse use based on tenant's requirements. Please see potential floor plans attached. If leased on an as-is basis, asking rent is: $9.50 psf. The building is well maintained with recent upgrades. LI1, LI7 zoning provides a wide variety of uses. Plenty of free on-site parking. Well located with easy access to Highway 401 via Highbury Avenue and Wellington Road. Within close proximity to bus route and commercial amenities. As a large multi-tenant complex, Newbold Business Park provides tenants to opportunity to grow and expand for future needs. Available Immediately. Additional Rent estimated for 2024 is $5.98 psf (36469253)
Property
Status: Lease
Type: Warehousing
Property Type: Industrial
Property Type: Multi-Unit
Age: 31-50
Area: London
Community: South Z
Inside
Air Conditioning: N
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: N
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Volts: 240
Amps: 225
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Tax Legal Description: BLK A PLAN M53 WESTMINISTER DESIGNATED AS PARTS 37,
Taxes Type: T.M.I.
Land
Cross Street: East
Municipality District: London
Sewer: Sanitary
Lot Depth: 515 Feet
Lot Frontage: 100 Feet
Zoning: LI2 LI7
Shipping Doors
Truck Level Height (ft): 10
Truck Level Width (ft): 8
Clearing Height (ft): 14
Clearing Height (in): 9
Commercial Specific
Shipping Doors Truck Level: 2
Rail: N
Sprinklers: N
Terms: 120
Total Area: 4317
Total Area Metric: Sq Ft
Minimum Rental Months: 36
Industrial Area Size: 10
Industrial Area Metric: %
Office Size: 90
Office Size Metric: %
Area Influence: Major Highway
Area Influence: Public Transit
Crane: N
Lot Code: Lot
Survey: N
Nicholas Wilson Public School
Elementary: PublicArthur Stringer Public School
Elementary: PublicSt Francis School
Elementary: CatholicWilton Grove Public School
Elementary: PublicGlen Cairn Public School
Elementary: PublicWhite Oaks Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicRegina Mundi College
Secondary: CatholicSir Wilfrid Laurier Secondary School
Secondary: PublicH B Beal Secondary School
Secondary: Public
