Log In/Sign Up
Your email has been sent.
1200 Commissioners Rd E 122,422 SF 94% Leased Retail Building London, ON N5Z 4R3 For Sale
Investment Highlights
- Grocery-anchored retail plaza featuring Food Basics as the primary anchor tenant.
- Situated on an 18.24-acre commercial site with approximately 716 feet of frontage along Commissioners Road East.
- Located within a corridor benefiting from approximately $285 million of municipal infrastructure investment.
- Occupied by a mix of national retailers and government-backed organizations with long operating histories at the property.
- Currently 93.5% occupied with nine tenants and Year 1 net operating income of $2,171,303.
- Positioned near Victoria Hospital, Western University, Highway 401 access, and established residential neighborhoods.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
122,422 SF
Building Class
C
Year Built
1980
NOI
$1,543,215 USD
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
17.77 AC
Zoning
CSA5 - Community Shopping Area Zone 5
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1200 Commissioners Rd E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.