690 Crémazie Boulevard East - Canada Commercial Real Estate ...
690 Crémazie Boulevard East Montréal, Québec
A 19,214 commercial building benefiting from a great location adjacent Highway 40, in the heart of the Villeray–Saint-Michel–Parc-Extension borough of Montréal.
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]
A 19,214-square-foot commercial property located adjacent to Highway 40, and in close proximity to all services and amenities.
Property Description The Property refers to an 19,214-square-foot commercial building located at the intersection of Crémazie Boulevard East and des Belges Avenue, just south of Highway 40 in the heart of Villeray–Saint-Michel–Parc-Extension. It is in close proximity to a wide array of services and amenities. The Property benefits from commercial and residential zoning. The building is to be sold ‘‘as is, where is’’.
690 Crémazie Boulevard East, Montréal
Page 2
Property Specifications Address 690 Crémazie Blvd. East, Montréal, QC, H2P 1E9 Legal Description Lot # 3 445 211 (Cadastre du Québec) Property Type Educational Building Site Area 6,501 SF (604 m2) Building Area 19,214 SF (1,785 m2) Year Built 1963 Storeys 4 Zoning Permitted Uses: Commercial (C.3(9)C) and industrial (I.2C) Maximum Height: Up to 4 storeys and 52’ (16 m) Maximum Coverage: Up to 85% of the lot area Maximum Density: Up to 4.5 times the lot area Municipal Assessment $1,733,500 (2012) Asking Price $1,995,000
The Property is less than 3 blocks from Crémazie métro station, near ClaudeRobillard Sports Complex and across from the municipal parking lot.
690 Crémazie Boulevard East, Montréal
Page 3
Great public transit: 3 blocks from Crémazie métro station and buses 54 and 192 run in fron of the Property.
Location Overview The Property benefits from a prime location adjacent Highway 40 on Crémazie Boulevard, between Foucher Street and des Belges Avenue in the borough of Villeray–Saint-Michel–Parc-Extension. The area benefit from great public transit options: The Crémazie métro station is at a short walking distance and buses 54 and 192 run in front of the Property. Located in a high residential area, with over 25,000 inhabitants in a kilometer radius. The area benefits from many educational and sports establishments, including André-Grasset College, Ahuntsic College, ISI (Insitut Supérieur d’Informatique), Gadbois and Dominique-Savio schools, as well as Claude-Robillard Sports Complex. There is a wide variety of retailers within walking distance, including Tim Hortons, Proxim, Starbucks, and RBC.
690 Crémazie Boulevard East, Montréal
Page 4
Location Highlights Adjacent Highway 40, which generates high traffic: Over 150,000 cars run in front of the Property every day. Only a few minutes away from Crémazie métro station and well-serviced by buses 54 and 192. The area surrounding the Property is a diverse one: Cité de la Mode is to the west, Jean-Talon Market to the south, and the Cirque District to the east. The Montréal borough of Villeray-Saint-Michel-ParcExtension is known for its multi-ethnic and diverse character. Neighbouring tenants include Fruiterie des Cèdres. Van Houtte Café, Starbucks, Caisse Populaire Desjardins, Chateaubriand Ice Cream Parlor, and Tim Hortons. In proximity to some of Montréal’s most important cultural institutions, such as the TOHU, the Cirque du Soleil headquarter, the National School of Circus Arts, as well as educational establishments, including André-Grasset and Ahuntsic Colleges. Among the many established companies located in the vicinity are the FTQ and Cirque du Soleil headquarters, the Société de Transport de Montréal, and the Institut national de santé publique du Québec. The Cité de la Mode, Marché Central and Rockland Center are also located nearby and offer shopping and entertainment opportunities. Marché Jean-Talon and Jarry Park are also one of the main attractions in the area. Villeray–Saint-Michel–Parc-Extension is home to more than 142,000 inhabitants, located on a 16.5 km². The average household income is $63,593. The average price for a single-family home is $330,000, which is lower than the Montréal average.
690 Crémazie Boulevard East, Montréal
Page 5
TOHU Sports Complex Claude-Robillard
Crémazie FTQ
Jarry Park Marché Central
About the Commercial and Retail Properties Group Our retail experts exclusively represent owners of retail, commercial and semi-commercial investment properties in the Greater Montréal Area and throughout the province of Québec. Strategic retail intelligence lies at the heart of our processes and methodology. It rests upon cutting-edge research and data, unparalleled access to Montréal’s most active and aggressive capital, our knowledge of retail trends currently impacting the market and our deep-rooted passion for retail. Our group offers a variety of services including acquisition and disposition services, leasing and landlord representation services, asset review and financial analysis, and investment strategy development and due diligence support. With a unique nationwide database featuring over 75,000 properties and contacts across the country, we offer premium visibility which in turn guarantees higher property value. Our experience in the retail and commercial real estate sphere is unparalleled and our commitment to delivering the highest quality service uncontested. Jones Lang LaSalle Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 3838 Montréal, Québec, H3B 4M6 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]
© 2016 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
A 19,214 commercial building benefiting from a great location adjacent Highway 40, in the heart of the Villeray–Saint-Michel–Parc-Extension borough of Montréal.
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]
A 19,214-square-foot commercial property located adjacent to Highway 40, and in close proximity to all services and amenities.
Property Description The Property refers to an 19,214-square-foot commercial building located at the intersection of Crémazie Boulevard East and des Belges Avenue, just south of Highway 40 in the heart of Villeray–Saint-Michel–Parc-Extension. It is in close proximity to a wide array of services and amenities. The Property benefits from commercial and residential zoning. The building is to be sold ‘‘as is, where is’’.
690 Crémazie Boulevard East, Montréal
Page 2
Property Specifications Address 690 Crémazie Blvd. East, Montréal, QC, H2P 1E9 Legal Description Lot # 3 445 211 (Cadastre du Québec) Property Type Educational Building Site Area 6,501 SF (604 m2) Building Area 19,214 SF (1,785 m2) Year Built 1963 Storeys 4 Zoning Permitted Uses: Commercial (C.3(9)C) and industrial (I.2C) Maximum Height: Up to 4 storeys and 52’ (16 m) Maximum Coverage: Up to 85% of the lot area Maximum Density: Up to 4.5 times the lot area Municipal Assessment $1,733,500 (2012) Asking Price $1,995,000
The Property is less than 3 blocks from Crémazie métro station, near ClaudeRobillard Sports Complex and across from the municipal parking lot.
690 Crémazie Boulevard East, Montréal
Page 3
Great public transit: 3 blocks from Crémazie métro station and buses 54 and 192 run in fron of the Property.
Location Overview The Property benefits from a prime location adjacent Highway 40 on Crémazie Boulevard, between Foucher Street and des Belges Avenue in the borough of Villeray–Saint-Michel–Parc-Extension. The area benefit from great public transit options: The Crémazie métro station is at a short walking distance and buses 54 and 192 run in front of the Property. Located in a high residential area, with over 25,000 inhabitants in a kilometer radius. The area benefits from many educational and sports establishments, including André-Grasset College, Ahuntsic College, ISI (Insitut Supérieur d’Informatique), Gadbois and Dominique-Savio schools, as well as Claude-Robillard Sports Complex. There is a wide variety of retailers within walking distance, including Tim Hortons, Proxim, Starbucks, and RBC.
690 Crémazie Boulevard East, Montréal
Page 4
Location Highlights Adjacent Highway 40, which generates high traffic: Over 150,000 cars run in front of the Property every day. Only a few minutes away from Crémazie métro station and well-serviced by buses 54 and 192. The area surrounding the Property is a diverse one: Cité de la Mode is to the west, Jean-Talon Market to the south, and the Cirque District to the east. The Montréal borough of Villeray-Saint-Michel-ParcExtension is known for its multi-ethnic and diverse character. Neighbouring tenants include Fruiterie des Cèdres. Van Houtte Café, Starbucks, Caisse Populaire Desjardins, Chateaubriand Ice Cream Parlor, and Tim Hortons. In proximity to some of Montréal’s most important cultural institutions, such as the TOHU, the Cirque du Soleil headquarter, the National School of Circus Arts, as well as educational establishments, including André-Grasset and Ahuntsic Colleges. Among the many established companies located in the vicinity are the FTQ and Cirque du Soleil headquarters, the Société de Transport de Montréal, and the Institut national de santé publique du Québec. The Cité de la Mode, Marché Central and Rockland Center are also located nearby and offer shopping and entertainment opportunities. Marché Jean-Talon and Jarry Park are also one of the main attractions in the area. Villeray–Saint-Michel–Parc-Extension is home to more than 142,000 inhabitants, located on a 16.5 km². The average household income is $63,593. The average price for a single-family home is $330,000, which is lower than the Montréal average.
690 Crémazie Boulevard East, Montréal
Page 5
TOHU Sports Complex Claude-Robillard
Crémazie FTQ
Jarry Park Marché Central
About the Commercial and Retail Properties Group Our retail experts exclusively represent owners of retail, commercial and semi-commercial investment properties in the Greater Montréal Area and throughout the province of Québec. Strategic retail intelligence lies at the heart of our processes and methodology. It rests upon cutting-edge research and data, unparalleled access to Montréal’s most active and aggressive capital, our knowledge of retail trends currently impacting the market and our deep-rooted passion for retail. Our group offers a variety of services including acquisition and disposition services, leasing and landlord representation services, asset review and financial analysis, and investment strategy development and due diligence support. With a unique nationwide database featuring over 75,000 properties and contacts across the country, we offer premium visibility which in turn guarantees higher property value. Our experience in the retail and commercial real estate sphere is unparalleled and our commitment to delivering the highest quality service uncontested. Jones Lang LaSalle Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 3838 Montréal, Québec, H3B 4M6 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]
© 2016 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
