3232 Bélanger Street East Montréal, Québec
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1 3232 Bélanger Street East Montréal, Québec A five-storey, 50,325-square-foot office building for sale or for lease on Bélanger Street in the Rosemont La-Petite-Patrie borough of Montréal. Excellent investment for an owner-occupier or as a development opportunity. Scott Speirs Vice President T scott.speirs@am.jll.com Joseph von Maltzahn Associate Vice President T joseph.vonmaltzahn@am.jll.com Mark Sinnett Executive Vice President T mark.sinnett@am.jll.com Armen Markarian Associate leasing Commercial T armen.markarian@am.jll.com
2 Ideal investment for an owner-occupier or as a development opportunity: A five-storey, 50,325-square-foot office building for sale or for lease Property Description The Property is a 50,325-square-foot office building located on Bélanger Street between 10 th Avenue and Saint-Michel Boulevard in the Montréal borough of Rosemont La-Petite-Patrie. Comprised of a mix of closed and open areas, the building benefits from ample natural light, 10-foot-high ceilings, as well as state-of-the-art electromechanical and telecommunication system and infrastructure. The building includes a reception area on the ground floor, an elevator, washrooms on each floor, 15 interior parking stalls, and 24 additional outdoor parking stalls adjacent to the building. The building was originally built in 1962 for and to Bell Canada s standards and specifications, underwent major renovations in 1991 and was expanded in The property could be further expanded up to 78,000 square feet. Page 2
3 Property Specifications Legal Description Lots # , , and (Cadastre du Québec) Site Area 18,375 SF (1,701.1 m 2 ) Building Area 50,325 SF (4,675.3 m 2 ) Year Built 1962 (renovated in 1991 and expanded in 1993) Storeys 5 Zoning Permitted Uses: Commercial (C.4C) and residential (H) Zoning obtained for 49 residential units. Assessment Roll Land $1,229, Building $5,871, TOTAL $7,100, Tax Roll Municipal Taxes $253, School Tax $12, TOTAL $266, Asking Price $3,595,000 Gross Asking Rent $20.00 psf Ample natural light, 10-foot-high ceilings, as well as state-of-the-art electromechanical and telecommunication system and infrastructure Page 3
4 Certificate of Location Further development opportunity: The building can be expanded up to 78,000 square feet and features both commercial and residential zoning. Page 4
5 Renderings Residential redevelopment Office redevelopment Typical Floor Plan Expansion opportunity Page 5
6 Location Highlights Located on Bélanger Street between 10th Avenue and Saint-Michel Boulevard in the Montréal borough of Rosemont La Petite Patrie. Benefits from its proximity to Highway 40, one of Montréal s main thoroughfares, to public transit (Saint-Michel metro station and buses 67, 95, 357, and 467), as well as to a number of services. Near banks (Laurentian Bank), grocery stores (Esposito Food Store), pharmacies (Jean-Coutu Pharmacy) and restaurants (Bar Hélène, Pizzeria La Gazelle d Or, Café Le Carrefour, McDonald s), providing all amenities for an office occupier. Due to the mainly residential character of the adjacent neighbourhood, there is also an abundance of parks, green spaces and leisure facilities as well as many schools. Fast-growing borough, home to 137,379 inhabitants, that has seen important real estate developments in recent years, as old industrial buildings are converted into residential and office projects, namely Muv Condos, Quartier 54, U31, et Angus Nord. Great location in a fast-changing borough that is at the heart of important real estate developments. Page 6
7 3232 Bélanger Street East 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 Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. Real Estate Services Inc. Real Estate Agency 1 Place Ville Marie, Suite 2121 Montréal, Québec, H3B 2C6 Tel Scott Speirs Vice President T scott.speirs@am.jll.com Joseph von Maltzahn Associate Vice President T joseph.vonmaltzahn@am.jll.com Mark Sinnett Executive Vice President T mark.sinnett@am.jll.com Armen Markarian Associate leasing Commercial T armen.markarian@am.jll.com 2015, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. Real Estate Services, Inc., Real Estate Agency
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