Megatech

300-350 Galilée Avenue, Québec City, Québec

Deal Type:

Sale Leaseback

Price:

4,500,000 CAD

Cap Rate:

6.5%

Current Rent:

$292,500 CAD

Lease Type:

Triple Net

Lease Term:

15 years

Landlord Responsibilities:

None

Rent Increases:

2.0% Annual

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Investment Highlights

15-year, absolute triple net lease with 2% annual rent increases
Tenant recently invested $1.5 million into 12k square foot facility expansion
Well-located manufacturing facility in dense industrial corridor of Québec City
Significant bolt-down costs with over $13 million in equipment at the property

Listing Agents

Jonathan Wolfe

Managing Principal
312 310 2798
jonathan@stream-cp.com

Due Diligence

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