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6955-6995 Rue Jarry E 17,542 SF 100% Leased Retail Building Montréal, QC H1P 3B5 $2,292,395 USD ($130.68 USD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- This is a great opportunity
- The roof was recently redone in 2021.
- The property is perfectly located on a corner street with lots of traffic.
EXECUTIVE SUMMARY
Strip mall for sale of 17,542 SF on Jarry East street in Saint-Léonard right next to highway 40(less than 500m away). 5 tenants generating $200,000 in gross revenue per year. This is a great opportunity for a buyer to occupy up to 6,000 SF in the strip mall for their business, all the while collecting income from the tenants. Current zoning allows commercial and Industrial business to occupy the building, giving any buyer great flexibility. The roof was recently redone in 2021. The current zoning authorizes to build 3 stories.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,542 SF
Building Class
C
Year Built
1976
Price
$2,292,395 USD
Price Per SF
$130.68 USD
Cap Rate
6.25%
NOI
$143,275 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.58 AC
Zoning
MU - Mixed
Parking
34 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
305’ on Rue Jarry Est
AMENITIES
- Signage
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
1 of 2
VIDEOS
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6955-6995 Rue Jarry E
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