9200 Rue Meilleur - Office FOR SALE


Montréal, QC H2N 2A5
$16,000,000 CAD
514-993-2105
9200 Rue Meilleur, Montréal, QC for Sale
$16,000,000 CAD
Office - FOR SALE
1/8
null | Request Cap Rate

9200 Rue Meilleur
Montréal, QC H2N 2A5


HIGHLIGHTS

  • Recently renovated to enhance the leasing strategy
  • Immediate upside potential with lease up of vacant spaces
  • Diverse Tenancy
  • Easy Access and Public Transportation

OVERVIEW

This real estate investment offering presents the opportunity to acquire a strategically located five-storey building. The Property comprises a gross building area of 170,208 SF with a flexible 34,800 SF floorplate configuration which can easily be divided into various size suites to accommodate a wide range of potential tenants. The Property is situated in a gentrifying district within a dense service node and easily accessed by bus, metro and train, all within 15 minutes from downtown Montréal. It is located within close proximity to highways 15 and 40. 9200 Meilleur has recently been partially renovated, leaving further upside, and boasts quality loft-style commercial spaces along with industrial capabilities. 9200 Meilleur has positioned itself to provide custom-built, conveniently located, and affordable premises to a wide range of businesses. The Property often caters to small businesses serving as an incubator to foster growth. The Property is currently 88% leased to a stable roster of tenants, including a variety of small and medium sized private local businesses. The offering provides significant value add through its strategic leasing plan.

FOR SALE DETAILS

PRICE

$16,000,000 CAD

PRICE/SF

$92 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Service

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

M.7C

APN/PARCEL ID

1488861

ASK ABOUT THIS PROPERTY

514-993-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

514-993-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.