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359 Wellington Rd S 2,695 SF of Office Space Available in London, ON N6C 5Z6
Sublease Highlights
- The property is prominently located along Wellington Road South, one of London’s busiest commercial thoroughfares.
- The surrounding area features a strong mix of retail, service, and residential development, driving consistent daytime and evening activity.
- The location offers convenient access to public transit and major transportation routes connecting to central London and Highway 401.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201 | 2,695 SF | Negotiable | $6.50 CAD/SF/YR $0.54 CAD/SF/MO $17,518 CAD/YR $1,460 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 201
Prime sublease opportunity at 387-401 Wellington Road South, London, Ontario. This well-located office space offers approximately 2,695 square feet of versatile space. Take advantage of a freshly renovated space at an exceptional value sublease rate locked in at just $6.50 PSF for the duration of the term. The space is suitable for a wide range of professional or commercial uses, benefiting from excellent exposure along Wellington Road South, one of London's main commercial corridors.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Professional Services Office
- Fits 7 - 22 People
- Versatile Space
- Freshly Renovated
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 359 Wellington Rd S, London, ON N6C 5Z6
- Tenant
- Description
- CAN Locations
- Reach
- Casb Management Group
- Finance and Insurance
- 1
- Local
- Dollarama
- Dollar/Variety/Thrift
- 1,659
- National
- Global Pet Foods
- Pet Shop/Supplies
- 260
- National
- Metro
- Supermarket
- 429
- Regional
- Pizza Pizza
- Pizza
- 534
- National
- Rogers
- Wireless Communications
- 733
- National
| Tenant | Description | CAN Locations | Reach |
| Casb Management Group | Finance and Insurance | 1 | Local |
| Dollarama | Dollar/Variety/Thrift | 1,659 | National |
| Global Pet Foods | Pet Shop/Supplies | 260 | National |
| Metro | Supermarket | 429 | Regional |
| Pizza Pizza | Pizza | 534 | National |
| Rogers | Wireless Communications | 733 | National |
Property Facts
| Total Space Available | 2,695 SF | Gross Leasable Area | 52,090 SF |
| Property Type | Retail | Year Built | 1980 |
| Total Space Available | 2,695 SF |
| Property Type | Retail |
| Gross Leasable Area | 52,090 SF |
| Year Built | 1980 |
About the Property
359 Wellington Road South is a well-positioned commercial property located along one of London’s primary arterial corridors. Situated in a high-traffic area with excellent visibility, the property benefits from strong exposure to daily commuter traffic and close proximity to a wide range of retail, service, and residential uses. Wellington Road South is a well-established commercial node, making this location suitable for a variety of business and professional users seeking accessibility, visibility, and convenience. The property offers efficient access to major roadways and public transit routes, supporting both customer-facing and employee-oriented uses. Surrounded by national retailers, restaurants, and residential neighbourhoods, this location provides a strong blend of traffic flow, surrounding density, and commercial synergy.
Nearby Major Retailers
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359 Wellington Rd S
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