Factoreries Tremblant Factoreries Tremblant

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Factoreries Tremblant Factoreries Tremblant
Factoreries Tremblant
Factoreries
Tremblant
A 50,172-Square-Foot
Fashion Outlet
Centre Anchored by BCBG
A 50,172-Square-Foot
Outlet Centre
MaxAzria, LocatedFashion
in a High-Traffic
RetailAnchored
Node by
Tommy Hilfiger and Puma, Located in a High-Traffic Retail Node
2455-2555 de l’Aulnaie Street and 2450 Latreille Street, Mont-Tremblant, Québec
2455-2555 de l’Aulnaie Street, Mont-Tremblant, Québec
Mont-Tremblant (14 km)
Factoreries Tremblant
The Offering
Jones Lang LaSalle («JLL»), on behalf of Immeubles Marché Tremblant Inc. («Vendor» or «Owner»), is pleased to offer for sale 2455-2555
de l’Aulnaie Street, a 50,172-square-foot fashion outlet centre located in the tourist region of Mont-Tremblant («Factoreries Tremblant»,
«Property» or «Site»).
This Property benefits from an excellent market location, situated on Route 117 at the intersection of de l’Aulnaie Street and Latreille
Street, approximately 14 kilometres from the Mont-Tremblant Resort, which attracts millions of visitors per year. With ample façade on
the area’s main commercial artery, Factoreries Tremblant enjoys excellent visibility and high traffic. The adjacent sector is the region’s
main retail node, home to a variety of well-established retailers, such as Maxi, IGA, Tim Hortons, McDonald’s and Rona.
The Site comprises strong national and provincial brands, including Tommy Hilfiger, Puma, La Vie en Rose, BCBG MaxAzria and Le
Château. Currently 90.6 percent occupied, these brands make up 80.8 percent of the base revenues, and the Property features a
weighted average lease term of 3.1 years.
Factoreries Tremblant, Mont-Tremblant
Page 2
Investment Highlights
Strong Regional Location
□□ Strategically located on Route 117, at the corner of de l’Aulnaie Street and Latreille Street, in the heart of the region of
Mont-Tremblant.
□□ Route 117 is the region’s main retail artery: Over 22,000 cars run in front of the Property every day.
□□ Equidistant from Ottawa and Montréal: Mont-Tremblant can be accessed in less than 90 minutes via Highway 50 and Route 323 from
Ottawa and via Highway 15 and Route 117 from Montréal.
□□ In the heart of Mont-Tremblant’s main commercial node, which services many of the adjoining communities: A trade area of over
100,000 people.
□□ A diversified retail environment that includes national brands such as Canadian Tire, Maxi, Super C, IGA, Rona, Starbucks and
McDonald’s.
□□ No competing centres: The nearest fashion outlet centre is in Saint-Sauveur, 60 kilometres away.
□□ Close to Mont-Tremblant Resort, which draws over 3 million visitors per year.
Strong Tenant Mix with Stable Income and Upside Potential
□□ Strong tenant mix, featuring Tommy Hilfiger, Puma, La Vie en Rose, BCBG MaxAzria, Le Château, Stokes, Souris Mini, and Jones
New York.
□□ 80.8 percent of the base revenues come from strong national and provincial brands.
□□ 90.6 percent occupancy rate.
□□ Weighted average lease term of 3.1 years.
□□ Upside potential: The center’s GROC is 14 percent, below the national benchmark for apparel of 16 percent.
Good Quality Retail Asset
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A 50,172-square-foot fashion outlet centre featuring three buildings on 298,848 square feet of land.
Great frontage along Route 117, the region’s main commercial artery.
Excellent visibility and access from Route 117, via de l’Aulnaie Street and Latreille Street.
Ample parking: Approximately 215 parking stalls, of which 45 are underground.
Great signage opportunity on Route 117.
Factoreries Tremblant, Mont-Tremblant
Page 3
Factoreries Tremblant
de l
’Au
lnai
eS
tree
t
Latreille Street
SURPLUS
OUTLET
Route 117
For more information, please contact:
Montréal
Toronto
JLL Inc.
1 Place-Ville-Marie, Suite 3838
Montréal, Québec, H3B 4M6
JLL Inc.
199 Bay Street, Suite 4610
Toronto, Ontario, M5L 1G3
Mark Sinnett
Executive Vice President
Real Estate Broker
National Retail Investment Group
T. + 1 514 667 5696
[email protected]
Hugh O’Connell
Senior Vice President
Representative
National Retail Investment Group
T. +1 416 304 6015
[email protected]
Yann Charles
Associate
Commercial Real Estate Broker
Commercial and Retail Properties Group
T. +1 514 667 5697
[email protected]
Matthew Smith
Senior Vice President
Representative
National Retail Investment Group
T. +1 416 304 6004
[email protected]
DISCLAIMER
© 2015 Jones Lang LaSalle, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
Jones Lang LaSalle Real Estate Services, Inc., Real Estate Agency