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348-350 Ch Yamaska 6,180 SF 100% Leased Retail Building St-Germain-de-Grantham, QC J0C 1K0 $2,475,000 CAD ($400.49 CAD/SF) 5.93% Cap Rate

EXECUTIVE SUMMARY
Positioned in the heart of Saint-Germain-de-Grantham, this fully leased retail asset offers investors a stable income stream anchored by nationally recognized tenants. The property features a strong mix of food service brands including Subway, Pizza Ramone, and Thai Express, each contributing to consistent foot traffic and long-term consumer loyalty. With a reported Net Operating Income of $146,847, the asset presents an attractive yield in a growing regional market.
Strategically located along Chemin Yamaska, a key commercial corridor with direct access to Autoroute 20, the property benefits from excellent visibility and accessibility. The surrounding area is a blend of residential neighborhoods and local businesses, creating a built-in customer base for tenants and reinforcing the site’s retail viability. The property is also within proximity to Drummondville, a major urban center just 10 minutes away, enhancing its regional draw.
Saint-Germain-de-Grantham is known for its business-friendly environment and proximity to major transportation routes connecting Montreal and Quebec City. The municipality supports commercial growth through streamlined permitting and infrastructure investment, making this an ideal location for long-term asset appreciation.
This retail plaza is a rare opportunity to acquire a fully stabilized investment in a high-traffic location with strong tenant covenants and minimal management requirements. The site’s layout and tenant mix are optimized for convenience, with ample surface parking and prominent signage that enhances brand visibility.
Strategically located along Chemin Yamaska, a key commercial corridor with direct access to Autoroute 20, the property benefits from excellent visibility and accessibility. The surrounding area is a blend of residential neighborhoods and local businesses, creating a built-in customer base for tenants and reinforcing the site’s retail viability. The property is also within proximity to Drummondville, a major urban center just 10 minutes away, enhancing its regional draw.
Saint-Germain-de-Grantham is known for its business-friendly environment and proximity to major transportation routes connecting Montreal and Quebec City. The municipality supports commercial growth through streamlined permitting and infrastructure investment, making this an ideal location for long-term asset appreciation.
This retail plaza is a rare opportunity to acquire a fully stabilized investment in a high-traffic location with strong tenant covenants and minimal management requirements. The site’s layout and tenant mix are optimized for convenience, with ample surface parking and prominent signage that enhances brand visibility.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,180 SF
Building Class
B
Year Built
2012
Price
$2,475,000 CAD
Price Per SF
$400.49 CAD
Cap Rate
5.93%
NOI
$146,845 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.01 AC
Zoning
c-3
Parking
49 Spaces (7.93 Spaces per 1,000 SF Leased)
Frontage
517’ on Route 122
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348-350 Ch Yamaska
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