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4895 Rue Sherbrooke O 4,946 SF 4-Star Retail Building Westmount, QC H3Z 1H2 $4,300,000 CAD ($869.39 CAD/SF) 4.94% Cap Rate
INVESTMENT HIGHLIGHTS
- High exposure location
- Retail amenities nearby
- Heavy daytime foot traffic area
- Access to public transit and highway
- Heavy commercialized area
- Natural light exposure
EXECUTIVE SUMMARY
The property is fully leased to Lululemon Athletica, the global brand of high-end athletic apparel. It offers excellent visibility from its location at the corner of Sherbrooke Street West and Prince-Albert Street, a high-traffic area in Victoria Village, Westmount's upscale shopping district. In addition to acquiring a stable, impeccably maintained retail property leased to a prestigious tenant, the potential investor will benefit from the possibility of future expansion, as the on-site zoning permits the construction of 1-2 floors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,946 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1970
Price
$4,300,000 CAD
Price Per SF
$869.39 CAD
Cap Rate
4.94%
NOI
$212,242 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.20
Lot Size
0.09 AC
Zoning
C5-20-02 - Commercial
Frontage
66’ on Sherbrooke St W
AMENITIES
- Corner Lot
- Signage
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
1 of 5
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4895 Rue Sherbrooke O
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