4100 saint-denis street - jll property · saint-denis street, which runs north-south across the...
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Mark SinnettExecutive Vice PresidentCapital MarketsReal Estate BrokerJones Lang LaSalleT. +1 514 667 [email protected]
Armen MarkarianAssociateCapital MarketsCommercial Real Estate BrokerJones Lang LaSalleT. +1 514 667 [email protected]
4100 Saint-Denis StreetMontréal, Québec1,200 square feet commercial condo for sale on Saint-Denis Street, just south of Rachel Street, in the Plateau-Mont-Royal borough of Montréal
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Highlights
Space Area1,200 SF (111.5 m2)
Legal DescriptionLot # 3 052 895 - exclusiveLot # 3 5052 894 - common(Cadastre du Québec)
Year Built1974
Tax RollMunicipal Taxes: $ 11,750School Tax: $ 1,976TOTAL: $ 13,726
Municipal RollLand: $ 131,900Building: $ 184,500TOTAL: $ 316,400
Building Features• Parking available.• In good physical condition, having
recently received capital investments.
Location Highlights• Great location, on the Plateau’s most
important commercial artery.• Saint-Denis Street is serviced by buses
30 and 361 and Rachel Street is serviced by bus 29, and both Mont-Royal and Sherbrooke metro stations are only a few blocks away.
• A unique retail environment drives heavy pedestrian traffic: Piazzetta, SAQ, L’Barouf, Aveda, MAC, L’Académie, American Apparel, Löle, Rouge, Starbucks, etc.
Asking Price$399,000
1,200-square-foot commercial condo, with parking available, available for sale in the heart of the Plateau-Mont-Royal’s most important retail node
4100 Saint-Denis Street
4100 Saint-Denis Street
Page 34100 Saint-Denis Street
Certificate of Location
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Saint-Denis Street, which runs north-south across the island of Montréal, is one of the city’s most important commercial artery, second only to the popular Sainte-Catherine Street West. Unlike its downtown counterpart, however, Saint-Denis Street offers a distinctive urban retail environment, void of mega-shopping centers and strip malls.
Commercial properties here are not exclusively retail, but a mix of retail, office, residential, showroom, studio and boutique hotel uses. The smaller lots cater to unique boutiques, small cafés and trendy restaurants and clubs. It is a unique mix which, paired with the relative absence of parking, encourages customers to stroll at a leisurely pace and to window shop.
The subject property is at the heart of the Plateau’s main commercial artery whose unique retail environment drives heavy pedestrian traffic and has become a popular attraction for tourists. Directly adjacent to 4100 Saint-Denis Street, we find a mix of restaurants, bars, and specialty retailers. The most important include Le Festin de Babette, La Mauvaise Réputation, Pizzetta, SAQ, L’Barouf, Aveda, MAC, L’Académie, American Apparel, Löle, Rouge, Starbucks, Aldo, Le Château, Vidéotron, and Footlocker.
The subject property benefits from easy access to a variety of services and amenities. Easily accessible from the downtown core and from other boroughs, the property is also well serviced by public transit: Buses 29, 30 and 361 run frequently along Rachel and Saint-Denis Streets, and Mont-Royal and Sherbrooke metro stations are only a few minutes away.
The Plateau-Mont-Royal borough was originally a working-class neighborhood, where many writers, singers and artists lived and worked during the 1960s and 1970s. In the 1980s, the area’s bohemian flair and proximity to McGill University attracted gentrification. Characterized by iron-wrought staircases, old-style stone masonry and walk-up duplexes, the Plateau Mont-Royal has since become a very popular place to live in. It is today home to 104,506 inhabitants, making it the most densely populated borough in Montréal. Its demographic features reflect its young, urban and dynamic character. The median age here is significantly lower than Greater Montréal’s, resting at 37. The average household income is $63,192.
4100 Saint-Denis Street Page 4
Great location near all services and amenities in a trendy borough.
Location Overview: Saint-Denis’s Dynamic Retail Retail Environment
Page 54100 Saint-Denis Street Page 5
Strong co-tenancy and a vibrant retail environment that drive heavy pedestrian and automobile traffic.
© 2015 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
About the Commercial and Retail Properties GroupJLL’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 JLLJLL (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 Agency1 Place Ville Marie, Suite 2121Montréal, Québec, H3B 2C6Tel. +1 514 849 8849www.jll.ca
Mark SinnettExecutive Vice PresidentCommercial and Retail Properties GroupReal Estate BrokerJones Lang LaSalleT. +1 514 667 [email protected]
Armen MarkarianAssociateCommercial and Retail Properties GroupCommercial Real Estate BrokerJones Lang LaSalleT. +1 514 667 [email protected]