7240 Boul Maurice-Duplessis - Retail FOR SALE


Montréal, QC H1E 4A7
$4,500,000 CAD
514-353-6944

NO PHOTO

$4,500,000 CAD
Retail - FOR SALE
null | 4.78% Cap Rate

7240 Boul Maurice-Duplessis
Montréal, QC H1E 4A7


HIGHLIGHTS

  • Located on a major arterial road with high traffic exposure
  • 11 tenants with below-market rents offer upside potential
  • Large on-site parking area enhances tenant convenience
  • Strong retail corridor with long-term leasing appeal

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,500,000 CAD

PRICE/SF

$141 CAD /SF

CAP RATE

4.78%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Frank BombaLes Services Immobiliers MAGNAMore Info
514-353-6944

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Frank BombaLes Services Immobiliers MAGNAMore Info
514-353-6944

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