3745-3755 Boul Saint-Laurent - Drug Store FOR SALE


Montréal, QC H2W 1X8
$2,395,000 CAD
514-747-1778
3745-3755 Boul Saint-Laurent, Montréal, QC for Sale
$2,395,000 CAD
Drug Store - FOR SALE
1/4
null | 5.59% Cap Rate

3745-3755 Boul Saint-Laurent
Montréal, QC H2W 1X8


HIGHLIGHTS

  • Occupied by a nationally recognized AAA tenant with a 17-year history at the location.
  • Current lease runs through December 2026, providing $134,000 in annual net income.
  • Five-year renewal option starting January 2027 at a competitive net rental rate.
  • Premier location on Boulevard St-Laurent in the Plateau-Mont-Royal district, renowned for cultural and retail vibrancy.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,395,000 CAD

PRICE/SF

$369 CAD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

2003920

ASK ABOUT THIS PROPERTY

Sandro La MorgiaCushman & WakefieldMore Info
514-747-1778

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Sandro La MorgiaCushman & WakefieldMore Info
514-747-1778

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