Commercial or Multiresidential Redevelopment Opportunity
3765 Boulevard Saint-Martin Ouest, Laval, QC, H7T 1A7, CA
Objektbeschreibung
Located in Longueuil, 774-794 Fréchette ("The Property") is a commercial property strategically positioned in a prime location.
The Property boasts a Gross Leasable Area (GLA) of 10,129 square feet and is situated on a spacious 31,456 square foot lot.
Currently 88% leased, the Property offers attractive and resilient long-term cash flow. A significant portion of the tenant roster consists of medical tenants, enhancing the stability of the income stream.
The Property presents a value-add opportunity through potential reduction of the vacancy rate and closing the substantial gap-to-market (31%) on existing rents. Larger tenants have renewal options at market rental rates, reinforcing the property's capability for improving long-term cash flow.
Its proximity to Pierre Boucher Hospital, CLSC de Longueuil Ouest, and CLSC Simonne-Monet-Chartrand makes this an ideal location for medical auxiliary services, further solidifying its appeal to healthcare-related tenants.
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Eigenschaften
Vermietungsstand
88 %
Pächter
56% medical
Baujahr
1978
Grundstücksfläche brutto
2.922 m²
Medien
Investment-Highlights
- Property is 88% leased, offering attractive, resilient long-term cash flow
- Current tenant roster includes 56% of medical tenants
- Value-add potential through vacancy reduction and closing rent gap-to-market (31%)
- Nearby healthcare facilities make this location ideal for medical auxiliary services
- Larger tenants' market-rate renewal options boost property's long-term cash-flow potential
- Ample parking for visitors
Makler kontaktieren
Multi-Tenant Retail Strip Center (0 Objekte)
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Zuletzt aktualisiert
19. Dez. 2024
