5345 St-Joseph, Trois-Rivieres

JLL is pleased to present 5345 St-Joseph Street, Trois-Rivières, a compelling investment opportunity priced at $1,100,000.

This unique opportunity offers access to stable and predictable cash flow through a hands-off net lease with NAPA Traction, a reputable tenant in Canada's robust automotive parts distribution network. The property, spanning 8,090 sq.ft. on 20,710 sq.ft. of land, is currently fully leased, providing the security of a credit tenant along with the benefits of a strategic industrial location.

5345 St-Joseph Street is strategically positioned near Highway 40 and Highway 55, ensuring seamless connectivity to regional markets. Its proximity to major transportation corridors enhances its suitability for logistics operations, maximizing efficiency for freight movement and commercial access. The property is located across from Simplex within a recognized industrial corridor, further bolstering its visibility and recognition in this established commercial strip.

This turnkey investment benefits from expertly managed lease terms with 4 years remaining to expiry and a 3-year renewal option. NAPA Traction, leveraging its network of 150 locations across Canada, ensures the continuity of service and cash flow, presenting a sound investment for reliable income generation. The favorable zoning (COL-2258) with a maximum height allowance of 12 floors lends further development potential, enhancing the growth prospects in this flourishing industrial market.