11820-11900 Av 1Re
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11820-11900 Av 1Re
7,427 SF Retail Building Saint-georges, QC G5Y 2E1 $1,700,000 CAD ($229 CAD/SF) 9.01% Cap Rate
Investment Highlights
- Income property 100% leased
- Permissive zoning C3-C4-C5-C7-C8-P1-P2-P3
- Excellent investment strategically located in Saint-Georges
Executive Summary
Excellent investment opportunity: a fully renovated commercial building in 2016, offering a total area of 7,427 square feet over two levels, excluding the 3,700 square feet basement for storage. The lease is triple net until 2028, with annual increases based on the CPI, and there is only one tenant, stable and well-reputed. The location enjoys excellent visibility, making it an ideal opportunity for investors seeking a good return.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,427 SF
Building Class
B
Year Built
1953
Price
$1,700,000 CAD
Price Per SF
$229 CAD
Cap Rate
9.01%
NOI
$153,200 CAD
Tenancy
Single
Building Height
2 Stories
Zoning
C, P - Commercial
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
1 of 13
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11820-11900 Av 1Re
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