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Investment Highlights
- Located in Saint-Laurent, Montreal's premier industrial hub, with exceptional access to the CBD, airport, major highways (15|40|13|20)
- Established, quality tenant
- Stable, long-term income
- Strong renewal probability
Executive Summary
JLL Capital Markets is pleased to bring to market 605-607 Deslauriers Street, Montréal (Saint-Laurent)
This is a unique opportunity to acquire a fully leased, 43,695 sq ft facility secured with a ±10-year triple-net lease. The property offers stable and predictable cash flow with approximately 3% annual rent escalations. Situated just 850m from the Côte-de-Liesse REM station, investors benefit from future value-add potential through multi-tenant conversion.
Constructed in 1972, this industrial site underwent recent renovations in 2024-2026 maximizing its appeal and functionality. The strategic layout features a span of 24' x 24.9' with a 16' clear height, alongside robust electrical specifications: 347/600 V / 800 Amps, 3-phase system, and wet sprinklers throughout. Shipping and receiving are facilitated by 3 truck-level and 5 drive-in bays, complemented by 42 parking stalls within the expansive 96,884 sq ft land area.
The investment thesis focuses on long-term income stability through a committed tenant, A-1 Cash & Carry, with extensive industry experience. Additionally, future conversion potential into a multi-tenant facility opens avenues for enhanced returns.
This is a unique opportunity to acquire a fully leased, 43,695 sq ft facility secured with a ±10-year triple-net lease. The property offers stable and predictable cash flow with approximately 3% annual rent escalations. Situated just 850m from the Côte-de-Liesse REM station, investors benefit from future value-add potential through multi-tenant conversion.
Constructed in 1972, this industrial site underwent recent renovations in 2024-2026 maximizing its appeal and functionality. The strategic layout features a span of 24' x 24.9' with a 16' clear height, alongside robust electrical specifications: 347/600 V / 800 Amps, 3-phase system, and wet sprinklers throughout. Shipping and receiving are facilitated by 3 truck-level and 5 drive-in bays, complemented by 42 parking stalls within the expansive 96,884 sq ft land area.
The investment thesis focuses on long-term income stability through a committed tenant, A-1 Cash & Carry, with extensive industry experience. Additionally, future conversion potential into a multi-tenant facility opens avenues for enhanced returns.
Property Facts
| Sale Type | Investment NNN | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1972/2026 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 2.22 AC | No. Dock-High Doors/Loading | 3 |
| Rentable Building Area | 43,695 SF | No. Drive In / Grade-Level Doors | 5 |
| Zoning | 18-028 - 100% usage dominant de type Industriel | ||
| Sale Type | Investment NNN |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.22 AC |
| Rentable Building Area | 43,695 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1972/2026 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | 18-028 - 100% usage dominant de type Industriel |
Utilities
- Lighting - LED
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
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605-607 Rue Deslauriers
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