Are you looking for an AAA building with an AAA tenant in a AAA neighborhood? Look no further, this medical clinic located in the city center of Boucherville offers you peace of mind and performance (MRB 11 and Cap Rate 5%). We are looking for a serious investor.
The tenant, Familio, is a chain of private clinics specializing in mental health and social services. She operates currently 3 clinics in Quebec. Its activities are growing strongly.
The lease is valid until July 2029 and provides for an annual rent increase according to the CPI, with a 5-year renewal option.
The tenant pays for electricity and all interior maintenance of the building, and the owner pays taxes, insurance, exterior maintenance of the building as well as snow removal and lawn (shared with the neighbor).
More than $200K has been invested over the last 3 years in renovations and complete upgrading to municipal standards (invoices available).
The building is very easy to access with a large asphalt parking lot. It is located in the city center of Boucherville with very permissive zoning allowing a large multitude of businesses and high traffic.
Dimensions and areas are gross including the basement.