2449 Dundas Street, London East - East J

Exceptional single-tenant investment opportunity at 2449 Dundas Street, located along an established commercial corridor in London's east end. This 22,674 SF building sits on a substantial 3.575-acre site and is 100% leased to Forest City Gymnastics, a well-established tenant with a specialized recreational use, providing secure long-term income through August 31, 2034. The lease offers stable, predictable cash flow with built-in rent escalations over the term and a 10-year renewal option, delivering a current NOI of $244,087 and a 6.34% cap rate at the $3,850,000 asking price. A standout feature is the significant excess land, offering long-term flexibility and potential for future expansion or development, subject to zoning, municipal approvals, and purchaser due diligence. Flexible RSC