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1579 Boul Louis-Fréchette 2,528 SF 100% Leased Office Building Nicolet, QC J3T 1K8 $1,100,000 CAD ($435.13 CAD/SF) 10.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime commercial property located on Nicolet’s main thoroughfare, offering excellent visibility and accessibility.
- Firm 5-year lease with a 5-year renewal option, ensuring long-term tenant continuity.
- Long-established commercial tenant in place, providing stable and reliable passive income.
- Well-maintained building with a prominent façade and direct access from Louis-Fréchette Boulevard.
EXECUTIVE SUMMARY
Located on Nicolet's main thoroughfare, this commercial building represents an exceptional investment opportunity for anyone seeking a stable and secure passive income. The building houses a long-established commercial tenant, offering excellent stability. A firm lease is in place for another 5 years, with an option to renew for an additional 5 years, ensuring long-term tenant continuity. The building is well-maintained, with a prominent facade and easy access directly from Louis-Fréchette Boulevard, a busy thoroughfare offering excellent visibility
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,528 SF
Building Class
C
Year Built
1999
Price
$1,100,000 CAD
Price Per SF
$435.13 CAD
Cap Rate
10.67%
NOI
$117,339 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
2,528 SF
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1579 Boul Louis-Fréchette
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