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7240 Boul Maurice-Duplessis 32,000 SF 100% Leased Retail Building Montréal, QC H1E 4A7 $4,500,000 CAD ($140.63 CAD/SF) 4.78% Cap Rate
INVESTMENT HIGHLIGHTS
- Located on a major arterial road with high traffic exposure
- Large on-site parking area enhances tenant convenience
- 11 tenants with below-market rents offer upside potential
- Strong retail corridor with long-term leasing appeal
EXECUTIVE SUMMARY
Positioned on a high-visibility stretch of Boulevard Maurice Duplessis in Montréal, this 32,000 sq. ft. investment property offers a compelling opportunity for value-add investors. With 11 tenants currently in place and rents below market rates, the asset presents immediate upside through lease renegotiations and repositioning. The site spans over 32,500 sq. ft. of land and includes a generous on-site parking area, enhancing accessibility and tenant convenience.
Strategically located near Autoroutes 40 and 25, the property benefits from excellent connectivity to major commercial and residential zones across Montréal. This high-traffic corridor supports a vibrant mix of retail and service-oriented businesses, making the location ideal for long-term tenant retention and sustained foot traffic.
Municipal and school taxes for 2025 total just over $85,000, and the property generates a net operating income of $215,000 annually. With a municipal valuation of $2.73M and an asking price of $4.5M, the asset offers a stable return with room for growth. Whether you're seeking a steady income stream or a repositioning play, this property delivers on both fronts.
Strategically located near Autoroutes 40 and 25, the property benefits from excellent connectivity to major commercial and residential zones across Montréal. This high-traffic corridor supports a vibrant mix of retail and service-oriented businesses, making the location ideal for long-term tenant retention and sustained foot traffic.
Municipal and school taxes for 2025 total just over $85,000, and the property generates a net operating income of $215,000 annually. With a municipal valuation of $2.73M and an asking price of $4.5M, the asset offers a stable return with room for growth. Whether you're seeking a steady income stream or a repositioning play, this property delivers on both fronts.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
32,000 SF
Building Class
B
Year Built
2003
Price
$4,500,000 CAD
Price Per SF
$140.63 CAD
Cap Rate
4.78%
NOI
$215,000 CAD
Percent Leased
100%
Building Height
2 Stories
Parking
21 Spaces (0.66 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
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7240 Boul Maurice-Duplessis
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