Summary of Existing Lease Agreements
Tenant 1
Name: Duclos
Area (sq.ft): 3,843
Base rent: 17.00 $/pi²
Annual rent: 65,331.00 $
Recoveries: 8.50 $/pi²
Annual recoveries: 32,665.50 $
Term: 5 years
Expiry: 2029-08-31
Remarques / Notes: Frais récupérables ±8.53 $/pi² +
T.I.N.R. estimée
Tenant 2
Name Duclos
Base rent: 17.00 $/pi²
Annual rent: 34,901.00 $
Recoveries: 8.50 $/pi²
Annual recoveries: 17,450.50 $
Term: 5 years
Expiry: 2029-08-31
Notes: ±8.53 $/pi² + T.I.N.R. estimated
Tenant 3
Name: Vélo La Shop
Area (sq.ft): 1,900
Base rent: 15.00 $/pi²
Annual rent: 28,500.00 $
Recoveries: 6.50 $/pi²
Annual recoveries: 12,350.00 $
Term: 5 years
Expiry: 2029-10-31
Notes: Frais récupérables ±8.53 $/pi² + T.I.N.R. estimated
Tenant 4
Name: Vélo La Shop
Area (sq.ft): 3,018
Base rent: 18.00 $/pi²
Annual rent: 54,324.00 $
Recoveries: 7.50 $/pi²
Annual recoveries: 22,635.00 $
Term: 5 years
Expiry: 2029-10-31
Notes: Frais récupérables ±8.53 $/pi² + T.I.N.R. estimated
Tenant 5
Name: Vacant
Area (sq.ft): 2,854
Base rent: --
Annual rent: --
Recoveries: 8.50 $/pi² (estimated)
Annual recoveries: 24,259.00 $
Term: --
Expiry: --
Notes: --
Totals
Total area: 13,668 pi²
Total annual rent: 183,056.00 $
Total recoveries: 113,989.50 $
Average contractual rent: ± 18.43 $/pi² (gross rate)
Vacancy rate: ± 20.88 %
The sale is made with no legal warranty , at buyer`s risks
and perils . The closing notary will be chosen by the
vendor , or if buyer`s notary signs electronically we can
accommodate.
no compensation will be paid to the broker if, before the
signing of the deed of sale, the owner of the property or a
third party remedies the defaults, pays the amounts owed to
the judgment creditor, or if the said creditor withdraws
their judgment and there is no longer any need to proceed
with the present sale under court supervision. the same
applies if the seller is prevented from completing the sale
due to an injunction, order, or judgment of a court, or if
the owner surrenders their assets in accordance with the
provisions of the bankruptcy and insolvency law.
