Grocery-anchored retail centre with expansion potential - Saint-Apollinaire_Property for Sale
Grocery-anchored retail centre with expansion potential - Saint-Apollinaire_Property for Sale
471 Route 273, Saint-Apollinaire, QC, G0S 2E0, CA

Grocery-anchored retail centre with expansion potential - Saint-Apollinaire

Asset Description

  • New grocery-anchored development completed this year with latest generation architecture
  • Retail Centre with a GLA of over 41,000 SF and expansion potential of 10,000 SF, situated at a lighted intersection
  • Expansive lot spanning over 240,000 SF with prime exposure from Highway 20



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Attributes

Building area net
3,809 m²
Occupancy
100%
Year built
2024
Land area gross
22,297 m²

Media

Investment Highlights

  • Fully leased to Super C, Mondou and A&W with an outstanding weighted average lease term (WALT) of 14 Years 
  • 92% of Year 1 Gross Revenues generated from national tenants
  • Secure cashflow with built-in rental growth
  • Located in Saint-Apollinaire, 15 minutes from the Quebec Bridge, one of the regions experiencing the highest population growth in Québec since 2018


Contact brokers

Grocery-anchored retail centre with expansion potential - Saint-Apollinaire (0 Properties)

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Last updated
5 Jun 2024