450-454 Boul Saint-Luc
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450-454 Boul Saint-Luc
5,717 SF Retail Building Saint-jean-sur-richelieu, QC J2W 1C1 $2,485,000 CAD ($435 CAD/SF) 4.37% Cap Rate
Investment Highlights
- Located on the main street of Saint Jean Sur Richelieu just off route 104.
- Amazing opportunity for owner occupant
- The company benefits from a good traffic
Executive Summary
This building includes a Shell gas station with Boni Soir convenience store, 8 gas pumps, and a rotisserie. Guaranteed income potential over a long period of time as the lease expires in 2035 with renewal options. The revenue from gasoline sales is 1.5 cents per liter sold. The rotisserie has treated the old car wash. The goodwill is included in the sale of the building.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
5,717 SF
Building Class
C
Year Built
2004
Price
$2,485,000 CAD
Price Per SF
$435 CAD
Cap Rate
4.37%
NOI
$108,651 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.90 AC
Parking
21 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
Nearby Major Retailers
1 of 12
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450-454 Boul Saint-Luc
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