Map of Property

1051 Wellington Road

For Sale

1051 Wellington Road, London, ON N6E 1W4

This London property for sale is located at 1051 Wellington Road. The current listed sale price for 1051 Wellington Road is $8,750,000. 1051 Wellington Road is situated on a lot that is 1.63 acre in size.

Contacts

broker

Yash Kumar

Lennard Commercial Realty

(905) 917-2031

broker

Sasha Ischenko

Lennard Commercial Realty

(905) 917-2032

Property Details

  • Property Type Retail
  • Property Size 23,845 SF
  • Lot Size 1.63 Acre
  • Date Updated Feb 20, 2024

Lennard Commercial Realty, Brokerage (the “Advisor”) has been retained by the Vendor to offer for sale a 100% freehold interest in a single tenant retail property located at 1051 Wellington Road, London, ON (the “Property”).The offering represents an exciting opportunity to acquire a freestanding retail asset fully leased to Mountain Equipment Company (the “Tenant”), a premier market leader in outdoor and activity-based retail sales with 21 locations across Canada. The Property is comprised of 23,845 SF and is situated on 1.63 acres. It fronts onto Wellington Road, one of London’s primary commercial thoroughfares. The asset is located just north of White Oaks Mall, the largest mall in London, and in an area starting to experience mixed-use and high-density developments. The asset was extensively renovated in 2016 and subsequently leased to the Tenant until 2031, representing the only location in the growing community of London. Headquartered in Vancouver, BC, Mountain Equipment Company (MEC) offers a corporate covenant and a very landlord friendly triple net lease, whereby the tenant is responsible for all day-to-day maintenance, major repairs and replacement (including structural) and upkeep of the asset.

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Getting around

  • 80/100

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  • 50/100

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  • 56/100

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Location

  • City London, ON
  • Neighborhood White Oaks
  • Postal Code N6E 1W4

Points of Interest

  • London

    3.26 miles

  • Canadian Tire

    0.47 miles

  • Petro-Canada

    0.49 miles

  • Petro-Canada

    0.65 miles

  • Esso

    0.73 miles

  • Esso

    0.81 miles

  • Petro-Canada

    0.84 miles

  • Shell

    0.92 miles

  • Petro-Canada

    1.23 miles

  • Shell

    1.52 miles

  • Esso

    1.68 miles

  • Visitor

    1.56 miles

  • London Hydro Storage Yard

    3.01 miles

  • Labatt Loading Dock

    3.02 miles

  • Labatt Retail Store

    3.09 miles

  • Bioys & Girls Club

    3.17 miles

  • Indigo

    3.25 miles

  • Copps Buildall

    3.26 miles

  • Imperial Parking

    3.26 miles

  • 217 York

    3.27 miles

  • 350 RIDOUT ST. N.

    3.34 miles

  • The Keg

    0.04 miles

  • Five Guys

    0.06 miles

  • Swiss Chalet

    0.07 miles

  • Chipotle

    0.11 miles

  • Earls

    0.11 miles

  • Pita Pit

    0.11 miles

  • Zoup!

    0.12 miles

  • Burger King

    0.13 miles

  • Mucho Burrito

    0.17 miles

  • Dairy Queen

    0.19 miles

  • Farm Boy

    0.05 miles

  • Bulk Barn

    0.28 miles

  • Walmart Supercentre

    0.31 miles

  • Giant Tiger

    0.34 miles

  • White Oaks Mall

    0.38 miles

  • Hudson's Bay

    0.42 miles

  • No Frills

    0.42 miles

  • Canadian Tire

    0.55 miles

  • Food Basics

    0.66 miles

  • FreshCo

    1.42 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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