Prime Grocery and Home Improvement Retail Opportunity: The Property is comprised of 183,851 SF of prime retail space, featuring a strategic location alongside Highway 40, at the southeast corner of the Galeries de la Capitale shopping mall.
Top-Tier, Essential Services Tenancy Profile: Galeries de la Capitale Côté Sud features a top-tier, diversified tenancy roster that includes Adonis (a subsidiary of Metro), Rona, Bâton Rouge and Quality Suites.
Fully-Leased Investment Opportunity, with Exceptionally Secure and Long-Term Revenue: The opportunity is 100% leased to established national and international brands that have occupied this location for an average of 20.5 years. The Property has a healthy weighted average lease term of 5.6 years,* demonstrating commitment and minimizing the risk of unforeseen vacancy in the mid-term.
Adjacent to Galeries de la Capitale: Irreplaceable Retail Node Location: The Property is located at the intersection of Highways 40 and 740 and adjacent to Les Galeries de la Capitale, Québec City’s largest retail node and one of the largest shopping complexes in the province.
Lebourgneuf - Québec City’s Fastest Growing Submarket: The Property is strategically located in the heart of Québec City’s fastest growing submarket, Lebourgneuf.
* Excluding land lease and assuming an analysis start date of September 1, 2022
Address: 1500, 1600, 1700, and 1875 Bouvier Boulevard, Quebec City, QC
Intersection: Bouvier Boulevard and Boulevard des Galeries