35 Route De Lens, Sainte-Catherine 1,798 SF Retail Building 62223 Sainte-Catherine $268,015 ($149.10/SF)

Sale of occupied restaurant premises in Sainte-Catherine (62)
This commercial property offers 167 m² of space divided between 120 m² on the ground floor (dining room and kitchen) and 47 m² upstairs (storage and offices). It features a 4-meter frontage and is equipped with a 400 mm extraction duct that complies with ventilation standards.
Currently occupied by a well-established restaurant brand, this premises is operated under a 3/6/9 commercial lease effective since February 15, 2024. The rent, indexed to the commercial rent index (ILC), ensures regular adjustment to inflation. The tenant covers 73% of the property tax as well as routine maintenance, guaranteeing a good level of profitability.
This property offers a gross rental yield of 8.78%, with competitive rent and a one-month rental guarantee (€1,700). No major renovations are expected in the short term.
The neighborhood, undergoing significant development, benefits from high foot traffic due to the proximity of schools and sports complexes. Local competition in fast food remains limited, offering attractive potential for tenant sustainability.