348-350 Ch Yamaska - Freestanding FOR SALE


St-Germain-de-Grantham, QC J0C 1K0
$2,475,000 CAD
514-892-5458
348-350 Ch Yamaska, St-Germain-de-Grantham, QC for Sale
$2,475,000 CAD
Freestanding - FOR SALE
1/1
null | 5.93% Cap Rate

348-350 Ch Yamaska
St-Germain-de-Grantham, QC J0C 1K0


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,475,000 CAD

PRICE/SF

$400 CAD /SF

CAP RATE

5.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

c-3

APN/PARCEL ID

5153381

ASK ABOUT THIS PROPERTY

Yann AbenhaimMidtown Realty | Midtown ImmobilierMore Info
514-892-5458

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

Yann AbenhaimMidtown Realty | Midtown ImmobilierMore Info
514-892-5458

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