Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or owner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre fenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a major telecom carrier providing bonus income through a Managed Services Agreement. With conservative assumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof over part of the building, 2 industrial generators costing over $1M, completely upgraded building controls, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority having an 18'6 clear height. Full data room access is available upon the completion of a confidentiality agreement. (id:41195)
181 COMMISSIONERS ROAD WEST, London ON N6J1X9
Office: (519) 438-2222
Fax: (519) 438-1886
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I would really like to thank all the members of Team Beckett and all their help and support they gave me when it came to selling my house. Team Beckett should consider changing their name to family Beckett Real Estate because it felt more like dealing with an extension of your own family. I was invited in to their home and immediately felt like a member of the family instead of a client. Both Terry’s were extremely professional and really explained the whole process of selling a house. They explained everything from current market trends, evaluations and projections. They answered all of my questions and I truly felt I made the right decision going forward with team Beckett. Terry Sr was amazing helping me navigate the negotiation process, and Sheri was superb keeping me updated with the whole sales process. They really made me feel relaxed, comfortable and confident. I would recommend this team to anyone that is looking for an elite real estate team. I would definitely give Team Beckett two huge thumbs up!!
Thanks again Team Beckett
– Brandon
“Just a quick note to let you know Ty that I am settling into my new home and enjoying it even more than I anticipated.
I wish to take this time to thank you for making the purchasing experience less intimidating and almost stress-free considering the tenacious and almost hostile nature of the seller. Your expertise, knowledge and years of experience were invaluable and your housewarming gift was very unexpected but very thoughtful and always remembered.”
Darlene Passmore
Just wanted to take a moment to say thanks for your assistance Ty in selling our property. As you know we had looked at a couple different options for selling the property, thankfully after speaking with you about our options we decided you were the best choice for us. And are we glad we did! Right from the start we were impressed with your approach, the research you did on ours and similar properties gave us an accurate understanding of what the market would allow for our property, and your thoroughness’ certainly took away any uneasiness we may have had about selling and moving.
We really appreciated how you kept us informed about potential buyers, and when the offer came rather quickly, you offered your professional opinion and then respected our decisions.
Once the sale was complete, you took the time to educate us to the rest of the process, and the other professionals., ie: lawyers you recommended had that same professional and thorough approach that you have. We certainly appreciated how you went out of your way to ensure the move to our next place went together as planned. As we look for other real estate opportunities, your phone number is the first we will dial. ”
Craig and Bonnie Hardy Covenant Construction
“We had worked with the Becketts previously so when we decided to look into an investment property, we reached out to them again. They took the time to go over different investment options with us, and helped us figure out which
type of property (and tenant) would be ideal for our specific situation.
We looked at a number of properties as a result. The Becketts always made time to work around our schedule and they happily visited all of properties we were interested in seeing (even those on the fringe of our scope). During each visit they answered all of our questions and took the time to clearly explain both the positives and negatives of each.
When it came time to put in an offer, they went above and beyond to ensure we were happy with the offer that was being presented. They went over each portion in detail and made sure the wording was clearly understood by us and communicated to the other party.
We’re very happy with the property we chose with their guidance and they (once again) made each step of the process easy and clear. Their honesty and attention to detail is refreshing. We highly recommend them to anyone considering buying or selling a home or property in Woodstock!”
Mike and Alicia
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