80-90 Rue Quévillon - Convenience Store FOR SALE


Varennes, QC J3X 1B6
$5,850,000 CAD
80-90 Rue Quévillon, Varennes, QC for Sale
$5,850,000 CAD
Convenience Store - FOR SALE
1/21
null | 5.51% Cap Rate

80-90 Rue Quévillon
Varennes, QC J3X 1B6


HIGHLIGHTS

  • Multi-tenant commercial investment with an excellent variety of tenants who benefit from each other's traffic.
  • Recognized tenant brands like Couche-Tard, Mikes, La Diperie, and Ultramar.
  • Long term Opportunity for developers/builders : Identified as a future AFFORDABLE HOUSING area (Pre-emptive right in favor of Ville de Varennes).

OVERVIEW

The 80-90 Quévillon is a multi-tenant retail investment with great exposure along the corner of René-Gaultier Boulevard and Quévillon Street. This property benefits from multiple points of ingress/egress allowing convenient access. These well-known tenant brands (Couche-Tard, Mikes, La Diperie, and Ultramar) are a great blend of retail tenants that benefit from each other's traffic. This efficient property is a 100% rented investment with stable and long-term tenants. Net Operating Income: $322,560. Potential Additional Rent from % of Retail Sales. *Pre-Emptive right in favor of Ville de Varennes.

FOR SALE DETAILS

PRICE

$5,850,000 CAD

PRICE/SF

$615 CAD /SF

CAP RATE

5.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Fast Food, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.21 AC

LAND SF

52,886 SF

ZONING

Commercial C-475

APN/PARCEL ID

6003641

ASK ABOUT THIS PROPERTY

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