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9190-9192 Boul Maurice-Duplessis 9,400 SF 100% Leased Retail Building Montréal, QC H1E 7C2 $2,386,582 USD ($253.89 USD/SF) 6.56% Cap Rate
Investment Highlights
- Prime commercial-industrial property in Rivière-des-Prairies, fully leased to three reliable long-term tenants.
- Strong income-generating asset with annual revenues of $213,155.28 and low operating expenses.
- Leases include double net agreements with firm terms and multiple renewal options through 2030 and beyond.
- Set on a large 30,860 sq.ft. lot, offering stability and long-term growth potential.
Executive Summary
Excellent investment opportunity in Montréal's Rivière-des-Prairies. This commercial-industrial property sits on a generous 30,860 sq.ft. lot and is fully leased to three solid long-term tenants, offering stable and diversified income. The building is currently leased under double net terms to M.360 (July 1, 2020 – June 30, 2030), Restaurant K73 (June 1, 2024 – December 31, 2029, with two 5-year renewal options), and Traiteur K73 (June 1, 2024 – December 31, 2029, also with two 5-year renewal options). The property generates annual revenues of $213,155.28 plus applicable taxes, with annual expenses of $66,318.82 plus taxes, making it a strong income-producing asset in a growing area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,400 SF
Building Class
B
Year Built
1997
Price
$2,386,582 USD
Price Per SF
$253.89 USD
Cap Rate
6.56%
NOI
$156,527 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
5 Exterior
Building FAR
0.31
Lot Size
0.70 AC
Frontage
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Signage
Walk Score®
Very Walkable (81)
Nearby Major Retailers
1 of 4
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9190-9192 Boul Maurice-Duplessis
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