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3745-3755 Boul Saint-Laurent 6,496 SF 100% Leased Retail Building Montréal, QC H2W 1X8 $2,395,000 CAD ($368.69 CAD/SF) 5.59% Cap Rate



Investment Highlights
- Occupied by a nationally recognized AAA tenant with a 17-year history at the location.
- Five-year renewal option starting January 2027 at a competitive net rental rate.
- Current lease runs through December 2026, providing $134,000 in annual net income.
- Premier location on Boulevard St-Laurent in the Plateau-Mont-Royal district, renowned for cultural and retail vibrancy.
Executive Summary
This fully leased ground-floor retail property, located in the vibrant Plateau-Mont-Royal neighborhood, presents a stable investment opportunity supported by a long-standing AAA tenant. Occupied by Jean Coutu for 17 years, the property benefits from consistent income and is secured by a lease extending through December 31, 2026, with net revenue of $134,000 annually. A five-year renewal option commencing January 2027 at a net rate of $36.00 per square foot provides future income predictability.
Positioned along Boulevard St-Laurent, one of Montréal’s most dynamic commercial corridors, the property captures high pedestrian and vehicle traffic, ensuring sustained visibility and tenant success. The surrounding area is a hub for commerce, culture, and dining, further enhancing the property’s value proposition for long-term ownership. Municipal services, including water and sewage, as well as condominium-controlled maintenance, simplify operational oversight. Offered at $2,395,000 plus GST and QST, this asset combines a secure income stream with an irreplaceable location in a high-demand submarket.
Positioned along Boulevard St-Laurent, one of Montréal’s most dynamic commercial corridors, the property captures high pedestrian and vehicle traffic, ensuring sustained visibility and tenant success. The surrounding area is a hub for commerce, culture, and dining, further enhancing the property’s value proposition for long-term ownership. Municipal services, including water and sewage, as well as condominium-controlled maintenance, simplify operational oversight. Offered at $2,395,000 plus GST and QST, this asset combines a secure income stream with an irreplaceable location in a high-demand submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
6,496 SF
Year Built
1987
Price
$2,395,000 CAD
Price Per SF
$368.69 CAD
Cap Rate
5.59%
NOI
$134,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.21 AC
Frontage
Amenities
- Bus Line
- Metro/Subway
- Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Exceptionally bikeable
100/100
Nearby Major Retailers
1 of 5
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3745-3755 Boul Saint-Laurent
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