17400 Trans-Canada, Kirkland

17400 Trans-Canada Highway, Kirkland, QC, H9J 2M5, CA

Description

JLL’s Capital Markets Team and JLL’s Industrial Group are pleased to offer for sale or for lease a best-in-class industrial property bordering the Trans-Canada Highway in the heart of Kirkland, Montréal, QC (the “Property”). The offering represents an exceptional opportunity for investors/users to occupy a highly functional property in one of the most coveted industrial nodes in the GMA.

The Property’s excellent highway connectivity, access to public transit, and strategic location in the core of Montreal’s industrial market enable users to access an extensive labor pool.

Boasting a GLS of ± 152,794 sq. ft. and sitting on ± 415,227 sq. ft. of land, this opportunity makes it an ideal last-mile distribution center. The Property features excellent physical and functional attributes, including a clear ceiling height of 27 feet, 10-dock doors, a 10-ton crane, extensive power, and outstanding shipping functionalities. In addition, the Property allows investors/users with the opportunity to expand the building’s footprint by adding ±60,000 sq. ft. of GLS.

The Property is currently leased at below-market rates until November 2025, offering flexibility for a user or investor the opportunity to occupy or significantly improve rental income over the holding period. Furthermore, the demand for industrial spaces in the West Island has shown solid growth over time, demonstrating the strength of this submarket.

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Attributes

Building area net

14,464 m²

Land area gross

38,576 m²

Clear height

8.23 m

Number of loading docks

Grade level doors

Media

Investment Highlights

Value Creation Opportunity

An incoming user/investor has the ability to occupy the premises immediately, allowing the flexibility to either occupy the space or lease up the Property up to current market rents. In addition, the Property can accommodate an expansion on the excess land of approximately ±60,000 SF or be used as trailer parking, further increasing the Property’s income growth potential.

Exceptional Transit-Oriented Location

The Property is strategically located in the heart of the West Island’s industrial park, a core submarket that has experienced tremendous growth in recent years. Located in Kirkland and bordered by Highway 40, the Property records a daily traffic count of 110,000 vehicles, offering excellent signage and visibility. The proximity to the GMA’s primary thoroughfares and amenities make it a perfect last-mile distribution center.

Excellent Property Attributes

With a footprint of ± 152,794 sq. ft., the building has been maintained to the highest quality standards. It is an efficient industrial facility boasting clear ceiling height of 27’, 10 loading dock doors, 1 drive-in door, ESFR sprinklers, 2000 AMPS of power, LED lighting, a 10-ton crane, and a great shipping apron.