Objectomschrijving
JLL’s Quebec Capital Markets Team is excited to present a brand-new grocery-anchored retail centre for sale in the thriving area of Saint-Apollinaire, only 39 KM from Quebec City. Spanning across a generous ±240,000 square feet of land, this property offers an impressive ±41,000 square feet of leasable space anchored by a Super C Grocery Store (Metro), Mondou, and A&W. An additional approved development of 10,000 SF on the site would allow to accommodate future tenants and increase the revenue for new investors.
Investors will benefit from a secure and resilient long-term cash flow as well as from the exceptional weighted average lease term (WALT) of 14 Years. This offering presents a premier opportunity to acquire a remarkable grocery-anchored retail center in one of the most populous municipalities within the Quebec City region experiencing the highest population growth in Quebec since 2018.
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Investeringskenmerken
- 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
- 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
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