4980 des Laurentides Boulevard - JLL
4980 des Laurentides Boulevard Laval, Québec
18,450 square feet of commercial space and 1,745 square feet of office space available for sublease in the heart of an important retail node of Laval
Mark Sinnett Executive Vice President Capital Markets Real Estate Broker Jones Lang LaSalle T. +1 514 667 5696 [email protected]
Armen Markarian Associate Capital Markets Commercial Real Estate Broker Jones Lang LaSalle T. +1 514 667 5695 [email protected]
18,450 square feet of commercial space, featuring ample parking and two drive-in doors, available for sublease in an expanding commercial node in Laval Highlights •
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18,450 square feet of commercial space available for sublease on the corner of des Lacasse Avenue et des Laurentides Boulevard. Additional 1,745 square feet of office space also available. Space includes two drive-in doors, ample parking (61 stalls), and easy access and egress from both directions along des Laurentides Boulevard and from des Lacasse Avenue. Great corner location, with heavy automobile traffic: Des Lacasse Avenue is an important accessway to the residential area. Diversified retail environment featuring both national brands and neighbourhoodoriented services: Tenants include TD Bank, National Bank, Scotia Bank, Metro, SAQ, L’Aubainerie, etc. Easy access to highways 440 and 19, which connect the site to the Greater Laval and Montréal Areas; proximity to the Vimont suburban train station. Laval is one of the fastest growing communities in Canada and benefits from a high quality of life, a diversifying economy, a low unemployment rate, and its proximity to the Montréal market. Current Lease Term: November 30th, 2024 Call us to get leasing rates!
4980 des Laurentides Boulevard, Laval
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Retail Environment
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Good automobile traffic generated by a diversified retail environment and the proximity of an affluent residential community
4980 des Laurentides Boulevard, Laval
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Market Overview Laval, located in southwestern Québec, is Montréal’s largest suburb and the third largest municipality in the province, home to approximately 5% of the province’s population. It is also Canada’s thirtheenth largest city with a population of 420,226 residents. The city’s population has undergone a huge population growth in recent years, having increased by 9.3% since 2008 and expected to continue to raise by a further 7.2% in the next five years. This is more than doubled the growth rate predicted for the island of Montréal. With a total land area of 247.09 square kilometres, Laval’s population density rests at 1,701 inhabitants per square kilometre. Single-family homes have sold for a median price of $282,900 over the last 12 months, a 3% increase. Condominiums and plexes have transacted for $208,500 and $405,000 respectively, a 5% and 7% increase over the past year. Laval’s economy revolves around the technology, pharmaceutical, industrial and retail sectors, but also features a persistent agricultural sector as well as some mining. Long seen as a bedroom community, Laval has diversified its economy, especially the retail sector, to meet the growing demand for goods and services. Laval residents generally have a higher standard of living than those of Montréal. Household incomes average at $80,990 and unemployment is at a low 4%. Major employers include Wajax Industrial Components Ltd., the Association des Employés de Laval, GSF Canada Inc., Instech Communications, and Sanofi Canada.
4980 des Laurentides Boulevard
In a fast-growing sector which benefits from its proximity to the Montréal and North Shore markets and a thriving, dynamic economy
4980 des Laurentides Boulevard, Laval
Page 4
About the Commercial and Retail Properties Group JLL’s Commercial and Retail Properties Group specializes in the acquisition, disposition and leasing of commercial, semi-commercial and retail properties both in the Greater Montréal Area and throughout the province. The group offers: • Acquisition and disposition services; • Leasing and landlord representation services; • Asset review and financial analysis; and • Investment strategy development and due diligence support. Our main objective is to ensure that our clients receive maximum value for their real estate investments. Our approach, tools and processes have all been optimized to meet this goal, allowing us to successfully transact the majority of our assignments. In addition to our 20 years of cumulative experience, we offer industry-leading research, market intelligence, and unmatched exposure to investors, retailers, users, and developers across the country.
About JLL JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. Jones Lang LaSalle Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 2121 Montréal, Québec, H3B 2C6 Tel. +1 514 849 8849 www.jll.ca
Mark Sinnett Executive Vice President Commercial and Retail Properties Group Real Estate Broker Jones Lang LaSalle T. +1 514 667 5696 [email protected]
Armen Markarian Associate Commercial and Retail Properties Group Commercial Real Estate Broker Jones Lang LaSalle T. +1 514 667 5695 [email protected]
© 2014 Jones Lang LaSalle, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. Jones Lang LaSalle Real Estate Services, Inc., Real Estate Agency
18,450 square feet of commercial space and 1,745 square feet of office space available for sublease in the heart of an important retail node of Laval
Mark Sinnett Executive Vice President Capital Markets Real Estate Broker Jones Lang LaSalle T. +1 514 667 5696 [email protected]
Armen Markarian Associate Capital Markets Commercial Real Estate Broker Jones Lang LaSalle T. +1 514 667 5695 [email protected]
18,450 square feet of commercial space, featuring ample parking and two drive-in doors, available for sublease in an expanding commercial node in Laval Highlights •
• •
•
•
•
•
18,450 square feet of commercial space available for sublease on the corner of des Lacasse Avenue et des Laurentides Boulevard. Additional 1,745 square feet of office space also available. Space includes two drive-in doors, ample parking (61 stalls), and easy access and egress from both directions along des Laurentides Boulevard and from des Lacasse Avenue. Great corner location, with heavy automobile traffic: Des Lacasse Avenue is an important accessway to the residential area. Diversified retail environment featuring both national brands and neighbourhoodoriented services: Tenants include TD Bank, National Bank, Scotia Bank, Metro, SAQ, L’Aubainerie, etc. Easy access to highways 440 and 19, which connect the site to the Greater Laval and Montréal Areas; proximity to the Vimont suburban train station. Laval is one of the fastest growing communities in Canada and benefits from a high quality of life, a diversifying economy, a low unemployment rate, and its proximity to the Montréal market. Current Lease Term: November 30th, 2024 Call us to get leasing rates!
4980 des Laurentides Boulevard, Laval
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Retail Environment
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ss4980, boulevard des Laurentides
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Bistro Last Call Restaurant Da Gina
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La
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tid
es
Bo
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ev
ar
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t
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ad lgr
t ree
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Good automobile traffic generated by a diversified retail environment and the proximity of an affluent residential community
4980 des Laurentides Boulevard, Laval
Page 3
Market Overview Laval, located in southwestern Québec, is Montréal’s largest suburb and the third largest municipality in the province, home to approximately 5% of the province’s population. It is also Canada’s thirtheenth largest city with a population of 420,226 residents. The city’s population has undergone a huge population growth in recent years, having increased by 9.3% since 2008 and expected to continue to raise by a further 7.2% in the next five years. This is more than doubled the growth rate predicted for the island of Montréal. With a total land area of 247.09 square kilometres, Laval’s population density rests at 1,701 inhabitants per square kilometre. Single-family homes have sold for a median price of $282,900 over the last 12 months, a 3% increase. Condominiums and plexes have transacted for $208,500 and $405,000 respectively, a 5% and 7% increase over the past year. Laval’s economy revolves around the technology, pharmaceutical, industrial and retail sectors, but also features a persistent agricultural sector as well as some mining. Long seen as a bedroom community, Laval has diversified its economy, especially the retail sector, to meet the growing demand for goods and services. Laval residents generally have a higher standard of living than those of Montréal. Household incomes average at $80,990 and unemployment is at a low 4%. Major employers include Wajax Industrial Components Ltd., the Association des Employés de Laval, GSF Canada Inc., Instech Communications, and Sanofi Canada.
4980 des Laurentides Boulevard
In a fast-growing sector which benefits from its proximity to the Montréal and North Shore markets and a thriving, dynamic economy
4980 des Laurentides Boulevard, Laval
Page 4
About the Commercial and Retail Properties Group JLL’s Commercial and Retail Properties Group specializes in the acquisition, disposition and leasing of commercial, semi-commercial and retail properties both in the Greater Montréal Area and throughout the province. The group offers: • Acquisition and disposition services; • Leasing and landlord representation services; • Asset review and financial analysis; and • Investment strategy development and due diligence support. Our main objective is to ensure that our clients receive maximum value for their real estate investments. Our approach, tools and processes have all been optimized to meet this goal, allowing us to successfully transact the majority of our assignments. In addition to our 20 years of cumulative experience, we offer industry-leading research, market intelligence, and unmatched exposure to investors, retailers, users, and developers across the country.
About JLL JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. Jones Lang LaSalle Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 2121 Montréal, Québec, H3B 2C6 Tel. +1 514 849 8849 www.jll.ca
Mark Sinnett Executive Vice President Commercial and Retail Properties Group Real Estate Broker Jones Lang LaSalle T. +1 514 667 5696 [email protected]
Armen Markarian Associate Commercial and Retail Properties Group Commercial Real Estate Broker Jones Lang LaSalle T. +1 514 667 5695 [email protected]
© 2014 Jones Lang LaSalle, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. Jones Lang LaSalle Real Estate Services, Inc., Real Estate Agency
