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11820-11900 Av 1Re

7,427 SF Retail Building Saint-georges, QC G5Y 2E1 £938,408 (£126/SF) 9.01% Net Initial Yield

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
£938,408
Price Per SF
£126
Net Initial Yield
9.01%
NOI
£84,567
Tenancy
Single
Number of Floors
2
Zoning
C, P - Commercial
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

RBC Royal Bank
CIBC
IGA
Rachelle Béry
Tim Hortons
Scores Rotisseries
Boston Pizza
Thai Express
CrossFit
  • Listing ID: 32770343

  • Date on Market: 12/08/2024

  • Last Updated:

  • Address: 11820-11900 Av 1Re, Saint-georges, QC G5Y 2E1

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