275 Rue Latour - Office FOR SALE


St-Jérôme, QC J7Z 5H6- La Rivière-du-Nord
$13,500,000 CAD
514-993-4358
275 Rue Latour, St-Jérôme, QC for Sale
$13,500,000 CAD
Office - FOR SALE
1/10
null | Request Cap Rate

275 Rue Latour
St-Jérôme, QC J7Z 5H6
La Rivière-du-Nord


HIGHLIGHTS

  • Close proximity to downtown, and benefits from easy access to Highway 15 and Route 117, being the main arteries of the Laurentians region.
  • SQI holds a 15-year lease with a 5-year renewal option.
  • 100% leased with a WALT of over 6.3 years

OVERVIEW

Savills is proud to present a unique opportunity to acquire a recently constructed office building that is 100% leased with a WALT of over 6.3 years, located at 275 Latour Street in the City of Saint-Jérôme, approximately 45 minutes away from Montréal. 275 Latour is a LEED-certified office building comprising 71,785 square feet, nearly fully leased (98%) to the Société Québécoise des Infrastructures (SQI), a provincial government entity that has occupied the property since 2017. SQI holds a 15-year lease with a 5-year renewal option. A wealth management firm (Charrette, Chouinard et Associés) completes the building’s tenancy under a lease running through 2039. Completed in 2017, the five-storey building is located directly across from the Saint-Jérôme intermodal transit station, in close proximity to downtown, and benefits from easy access to Highway 15 and Route 117, being the main arteries of the Laurentians region. 275 Latour represents an excellent opportunity to acquire a high-quality office asset, primarily leased to a government tenant, offering stable and secure long-term income.

FOR SALE DETAILS

PRICE

$13,500,000 CAD

PRICE/SF

$179 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

105

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,958 SF

ZONING

CU-830

APN/PARCEL ID

5648321

ASK ABOUT THIS PROPERTY

Robert MetcalfeSavillsMore Info
514-993-4358

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Robert MetcalfeSavillsMore Info
514-993-4358

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.