Mixed-use commercial and office building, known as "Place de la Pointe," located on a street corner on Sherbrooke E. Street. The building has a leasable area of 57,710 sq. ft. and sits on a 75,604 sq. ft. lot. Large indoor and outdoor parking lot. Good tenants in place for several years. Quick accessibility to Highway 40. Abundant fenestration. Elevator. Proximity to all services. Opportunity for an investor.

The building offers an opportunity for an owner-occupier with available office and commercial spaces, with the possibility of grouping contiguous premises. This flexibility can accommodate professionals, specialized services, and institutions looking for areas adapted to their operations.

Currently, the building includes 9 tenants with an occupancy of 19,393 sq.ft. The vacant premises have an area of 38,317 sq.ft.
Quality tenants include Services Canada, Canada Post, Epiderma, and professionals (notary, accountant, denturist). The majority of leases have been recently renewed.

Current gross income is $369,244. The potential gross income from vacant spaces is approximately $675,000. Total potential gross income is $1,070,000. Operating expenses are $429,000. The building generates an effective net income of approximately $480,000.
The capitalization rate is approximately 6.00%.

The Rivière-des-Prairies-Pointe-aux-Trembles borough had a population in 2021 of approximately 107,935 people. There are several missing services in the area that could be filled by bringing in new tenants to the building. Future potential with the possible arrival of the East Tramway.


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