RETAIL PLAZAS FOR SALE

Unique opportunity to acquire two fully leased retail plazas

Drummondville and Victoriaville, Québec

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Properties

  • Property types Retail plazas
  • Markets Drummondville, Victoriaville
  • Year built 2017
  • Total portfolio GLA 27,233 sf

Executive summary

This fully leased, 27,233-square-foot portfolio features a diversified tenancy profile offering a mix of restaurants, cafés, and services. It is anchored by Rubino Shoes, a well-established Québec footwear retailer with 28 locations across Québec, and Allô! Mon Coco, a popular breakfast and brunch chain with 39 locations across Québec and Ontario. Rubino Shoes was recently acquired by Designer Brands Inc., a leading North American retailer and producer of footwear and accessories with over 675 locations across Canada and the U.S. Allô! Mon Coco, on the other hand, was acquired by MTY Food Group Inc., a leading Canadian franchisor and operator of restaurants with 90 different banners in Canada, the U.S., and internationally. Fully leased, the portfolio features carefree NN and NNN leases with a weighted average lease term (WALT) of 3.7 years and an average tenure of 3.5 years.

Highlights

Occupancy: 100% leased

WALT: 3.7 years

Tenure: 3.5 years
Tenancy: Diversified

Leases: NN / NNN

Electrical: 600 A | 600 V and 400 A | 600 V

Location

The properties enjoy strategic locations within high-traffic retail nodes and near major thoroughfares, employment nodes, and densely populated residential areas. Drummondville and Victoriaville are established regional markets with advantageous demographic profiles.

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Brochure EN - Retail portfolio, Central Québec

Team

Mark Sinnett
Mark Sinnett
Associé, Vice-président exécutif, Marchés des capitaux, Courtier immobilier
Principal, Executive Vice President, Capital Markets, Real Estate Broker
+1 514 583 2146
Yann Charles
Yann Charles
Vice-président exécutif, Marchés des Capitaux, Courtier immobilier commercial
Principal, Executive Vice President, Capital Markets, Commercial Real Estate Broker
+1 514 715 2562
Sara Leblanc
Sara Leblanc
Vice-présidente associée, Marchés des capitaux, Courtier immobilier commercial
Associate Vice President, Capital Markets, Commercial Real Estate Broker
+1 514 927 9220