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560 Boul Industriel

88,478 SF Industrial Building St-Eustache, QC J7R 5V3 $10,465,017 USD ($118 USD/SF) 6.99% Cap Rate

Investment Highlights

  • Boasting excellent visibility from Highway 640 and convenient access to major highways
  • A unique industrial investment
  • Links to Greater Montreal Area (GMA) submarkets and other significant trade markets

Executive Summary

Colliers International is pleased to present a unique industrial investment opportunity. Sitting on 116 535 square feet of land with ± 88 000 square feet of building, the property is situated at 560 Blvd Industriel, in the heart of the Innoparc Albatros of Saint Eustache.
Boasting excellent visibility from Highway 640 and convenient access to major highways (13, 15, 25), the property links to Greater Montreal Area (GMA) submarkets and other significant trade markets.
With numerous capital expenditures completed throughout the years, this state-of-the-art facility offers a 100% Freehold Interest with Full Occupancy by a single tenant, with a triple net lease assumed under a 10 year term.
The leaseholder is a private, vertically-integrated,industry-leading company in the cannabis sector.
Recognized for their commitment to compliance, innovation, and international distribution, this tenant brings stability and a track record of success to this prime location.

Property Facts

Price $10,465,017 USD
Price Per SF $118 USD
Sale Type Investment
Cap Rate 6.99%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.67 AC
Rentable Building Area 88,478 SF
No. Stories 2
Year Built/Renovated 1999/2019
Tenancy Single
Parking Ratio 0.23/1,000 SF
Clear Ceiling Height 17 FT
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 2

Amenities

  • Bus Line
  • Security System
  • Signage
  • Air Conditioning

zoning

Zoning Code C-3, C4, C-7, C-8, C-9, I (Commercial | Industrial)
C-3, C4, C-7, C-8, C-9, I (Commercial | Industrial)
  • Listing ID: 31246672

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 560 Boul Industriel, St-Eustache, QC J7R 5V3

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