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

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.