1212-28 Curé-Labelle, Laval, QC, H7V2V5 - Available for Sale

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STRIP MALL FOR SALE IN CHOMEDEY, LAVAL

1212-28 Curé-Labelle, Laval, QC H7V2V5, CA

$3,000,000 CAD

19,000 SF | Retail

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Retail Property For Sale

Price:
$3,000,000 CAD
Gross Leasable Area:
19,000 SF
Price/SF:
$157.89 CAD
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Street Retail
Community Center
Neighborhood Center
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
7.30%
Tenancy:
Multiple
Lot Size:
46,000 SF
Listing ID
17917457
Last Updated
30 days ago

Find Out More...

Description

Great investment opportunity
- In the heart of Chomedey, Laval on blvd. Curé-Labelle, close to the Récréathèque and opposite the Galeries St-Martin RioCan
- Parking in front and rear of the building
TENANTS:
-Garderie Arc en Ciel : daycare
-Hair salon
-Marché Balkan : grocery store
-Fil Art : tailor
-Lebanese Restaurant
-Pizza 2 pour 1

1228 Cure-Labelle: 4,000 sf will be split into 3 locales: ladies clothing store, driving school (Buffalo Wings new franchise), we are finalizing these deals

- 19,000 sf building
- 46,000 sf land
- $17 gross per year per sq.ft. on average, tenants pay their own utilities
- $50k taxes
- $3k insurance
- $2500 year for snow removal and landscaping $3000 repairs and maintenance Tenants pay hydro and gas
- Approx. $60,000 of expenses and taxes, so roughly $3 psf, add $1 for vacancy, $0.50 administration (this is the way the bank calculates it)

- NOI once fully leased will be approx. $220,000

Price: $3,000,000 (7.3% cap rate)

Belle opportunité d'investissement
- Dans le coeur de Chomedey, Laval sur Boul. Curé-Labelle, tout près de la Récréathèque et en face des Galeries St-Martin de Riocan
- Stationnement devant et à l'arriére de l'immeuble
- Autres commerçants dans le centre: garderie Arc en ciel, Marché Balkan, tailleur Fil Art, restaurant Libanais, Pizza 2 pour 1

1228 Cure-Labelle: 4000 pi.ca sera divisé en 3 locaux : magasin de vêtements pour dame, auto-école, (Buffalo Wings nouvelle franchise), nous sommes en train de finaliser ces transactions.
- Bâtisse: 19,000 pi.ca
- Terrain: 46,000 pi.ca
- Loyer: 17.00 $ brut /pi.ca / année en moyenne, les locataires paient leurs propres électricité.
- 50,000$ taxes
- 30,000$ d'assurance
- $ 2,500 par année pour le déneigement et l'aménagement paysager et 3,000 $ de réparation et d'entretien.
- Approximativement $60,000 de depense et de taxes, donc environ $3 pi.ca., ajouter $1 pour locaux vacant, $.50 administration(selon les calculs de la banque)
- taux de capitalisation de 7,3%
- Revenus nets (complètement loué): 220,000$ approx.

Prix : $3,000,000

Financial Summary

  • Actual
  • $180,000 CAD

Map of 1212-28 Curé-Labelle, Laval, QC H7V2V5, CA

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Presented by IMMODEV, Real Estate Agency
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Clint Saraylian

Commercial / Corporate Real Estate Broker

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License #Chartered Real Estate Broker

STRIP MALL FOR SALE IN CHOMEDEY, LAVAL
  • Retail
  • $3,000,000 CAD
  • 19,000 SF