736 Rue King E
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736 Rue King E
6,136 SF Retail Building Sherbrooke, QC J1G 1C4 £1,051,473 (£171/SF) 5.03% Net Initial Yield
Investment Highlights
- Excellent road visibility and easy access to major transportation routes
- Drive-thru and ample on-site parking for customers and tenants
- Close proximity to public transit, schools, CEGEP, hospital and residential density
Executive Summary
Prime location on King Est, the main commercial artery in the Fleurimont borough of Sherbrooke. Ideal for investors seeking stable, long-term income from quality tenants, with limited landlord responsibilities.
The property was completely renovated in 2021, limiting future capital expenditures for potential purchasers.
The property was completely renovated in 2021, limiting future capital expenditures for potential purchasers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,136 SF
Building Class
B
Year Built/Renovated
1986/2021
Price
£1,051,473
Price Per SF
£171
Net Initial Yield
5.03%
NOI
£52,889
Tenancy
Multiple
Number of Floors
1
Building FAR
0.25
Land Acres
0.57 AC
Zoning
C1454
Parking
42 Spaces (6.84 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
1 of 5
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736 Rue King E
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