Opportunity to acquire Les Galeries St-Augustin, a 52,164 SF, food-anchored retail plaza strategically located at 130 Route Racette in Saint-Augustin-de-Desmaures, a growing suburb of the Québec City metropolitan area.
This fully leased asset provides secure and stable cash flow, anchored by a Maxi grocery store and national tenants including Banque Nationale and Canada Post. The property benefits from strong inplace income, minimal near-term rollover risk, and high daily traffic from essential service providers. The asset serves as a vital retail hub for the local community.
With a weighted average lease term (WALT) of 4.7 years and a 100% occupancy rate, Les Galeries StAugustin represents an attractive opportunity for private investors seeking reliable cash flow, long-term value retention, and upside potential through future rent growth in a resilient retail format.