8591-8595 Rue Centrale
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8591-8595 Rue Centrale
6,523 SF 100% Leased Retail Building Montréal, QC H8P 1N3 $1,589,419 USD ($244 USD/SF) 2.65% Cap Rate
Investment Highlights
- Heavy commercialized area
- Ample parking
- Retail amenities nearby
- High exposure location
- Access to public transit and highway
- Corner lot
Executive Summary
Commercial building located in an impeccable location in LaSalle, just one minute from the St-Laurent Flower Market and next to LaSalle Hospital. The structure is made of reinforced concrete, making it very solid. The first floor is occupied by a convenience store, while the second floor is vacant, offering an opportunity for the future owner. The roof is recent, and the large lot still has 7,000 square feet of vacant space to exploit. There is a lot of potential!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
6,523 SF
Building Class
C
Year Built
1960
Price
$1,589,419 USD
Price Per SF
$244 USD
Cap Rate
2.65%
NOI
$42,106 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.25 AC
Zoning
commercial/offices
Amenities
- Metro/Subway
- Signalized Intersection
- Tenant Controlled HVAC
- Automatic Blinds
- Storage Space
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
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8591-8595 Rue Centrale
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