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1350 Av du Mont-Royal E 7,892 SF 100% Leased Retail Building Montréal, QC H2J 1Y7 $2,190,176 USD ($277.52 USD/SF) 5.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Access to public transit and highway
- High exposure location
- Heavy daytime foot traffic area
- Retail amenities nearby
- Heavy commercialized area
- Natural light exposure
EXECUTIVE SUMMARY
Located on the corner of Launadiere street and the dynamic avenue of Mont-Royal East, this commercial and residential property with AAA tenant is an ideal investment opportunity. This trendy neighborhood is anchored by Mont-Royal and Laurier metro stations which provide excellent public transportation and a tremendous exposure to any commercial tenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,892 SF
Building Class
C
Year Built
1925
Price
$2,190,176 USD
Price Per SF
$277.52 USD
Cap Rate
5.85%
NOI
$128,157 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.35
Lot Size
0.13 AC
Frontage
144’ on Mont-royal Ave E
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
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1350 Av du Mont-Royal E
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