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1455-1459 Rue Crescent 15,564 SF 100% Leased Retail Building Montréal, QC H3G 2B2 $10,751,147 USD ($690.77 USD/SF) 7.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Great investment opportunity.
- Expansion potential, upside!
EXECUTIVE SUMMARY
Prime Retail Property in the heart of Downtown Montreal. Triple A location. All leases are Triple Net. Possible expansion into Student housing on Blvd Maisonneuve side with a plate of 5000 s.f. (Concordia Universtiy literally a block and half away on Maisonneuve) Total Plate of both Boul. Maisonneuve and Crescent of 14,495 S.F. Total rentable sq. ft. at over 33,000 s.f. All existing leases are Triple Net. Only one vacancy on the corner of Boul Maisonneuve and rue Crescent. of approx. 10,000 s.f. on 3 floors. More information available upon request by Serious Investors
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,564 SF
Building Class
B
Year Built
1926
Price
$10,751,147 USD
Price Per SF
$690.77 USD
Cap Rate
7.67%
NOI
$824,255 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.23
Lot Size
0.16 AC
Zoning
M.8C - Commercial, Industrial
AMENITIES
- Banking
- Enclosed Mall
- Air Conditioning
Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (97)
Bike Score®
Very Bikeable (84)
NEARBY MAJOR RETAILERS
1 of 4
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1455-1459 Rue Crescent
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