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3030 St King O

5,668 SF Retail Building Sherbrooke, QC J1L 1Y7 £882,684 (£156/SF) 7.13% Net Initial Yield

Some information has been automatically translated.

Investment Highlights

  • The authorized floor area is 65%.
  • Located near the Carrefour de l'Estrie and easily accessible by Highway 410
  • Large digital sign on King O Street
  • 14 parking lots, evenings + weekends until 22

Executive Summary

BUILDING ONLY. This 5668 square foot commercial building was built in 1981 and renovated in 2009. It is located on one of the busiest streets in the city offering increased visibility and traffic on King O. It is occupied by a long-term tenant who assumes the costs. Take advantage of the potential of this building thanks to its location and current revenues.
It includes a sales area, an employee room, several storage spaces, offices, workshop and a delivery door. 600 volt electrical input

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
5,668 SF
Building Class
C
Year Built
1981
Price
£882,684
Price Per SF
£156
Net Initial Yield
7.13%
NOI
£62,948
Tenancy
Single
Number of Floors
1
Building FAR
0.48
Land Acres
0.27 AC
Zoning
C0527 - permet plusieurs utilisations commerciales jusqu'à 5 étages
Parking
8 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
70 ft on Québec 112

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 3030
  • 5,668 SF
  • Retail
  • Outparcel
  • 30 Days

5,668 sq.ft. space for lease in a unique location near major banners such as Mcdo, St-Hubert, Cora and 3 hotels. The building is accessible via King and Don Bosco streets, and offers ample parking for visitors/employees. This is an ideal opportunity for any retailer who wants to take advantage of visibility, signage and goodwill to grow their business.

Space Size Space Use Position Available
3030 5,668 SF Retail Outparcel 30 Days

3030

Size
5,668 SF
Space Use
Retail
Position
Outparcel
Available
30 Days

3030

Size 5,668 SF
Space Use Retail
Position Outparcel
Available 30 Days

5,668 sq.ft. space for lease in a unique location near major banners such as Mcdo, St-Hubert, Cora and 3 hotels. The building is accessible via King and Don Bosco streets, and offers ample parking for visitors/employees. This is an ideal opportunity for any retailer who wants to take advantage of visibility, signage and goodwill to grow their business.

Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (88)
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

Cora
St Hubert
Baton Rouge Steakhouse & Bar
Les aliments M&M
East Side Mario's
Thai Express
TD Canada Trust
Tim Hortons
Sushi Shop
Royal Bank of Canada
  • Listing ID: 27221184

  • Date on Market: 01/12/2022

  • Last Updated:

  • Address: 3030 St King O, Sherbrooke, QC J1L 1Y7

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