Carrefour Angrignon Photo Gallery

The primary trade area encompasses LaSalle and surrounding West Island communities, with a population exceeding 600,000 featuring a diverse demographic profile including 40% immigrants, middle-class households with average incomes of CAD 70,000-80,000 annually, and a mix of young families and seniors. Footfall of 7.5 million annual visitors reflects strong local draw, bolstered by proximity to residential neighborhoods and public transit, though seasonal variations occur with higher traffic during holidays and weekends. This supports consistent performance for necessity-driven retailers but limits luxury segment growth due to income levels below Montreal's upscale areas.

Carrefour Angrignon competes with larger regional malls like CF Fairview Pointe-Claire (2.2 million sq ft) and emerging open-air centers in the West Island, as well as e-commerce platforms eroding 15-20% of traditional retail sales in fashion categories. Local strip centers with Walmart and Costco add grocery and discount pressure, contributing to moderate market saturation. Occupancy remains resilient at 92-95%, per 2025 commercial reports, but non-anchor spaces show volatility, necessitating competitive leasing incentives. Strengths include balanced tenant synergy, while risks stem from broader retail shifts toward experiential formats.

Base rents average $25-35 per square foot in suburban Montreal malls like Carrefour Angrignon, with additional common area maintenance fees of $8-12 per square foot and percentage rents on sales over thresholds. Lease terms typically span 5-10 years for inline spaces, offering renewal options and tenant improvement allowances up to $20 per square foot for qualifying retailers. Operational quality is solid with 24/7 security and recent renovations enhancing appeal, but aging infrastructure from 1986 construction poses maintenance costs and occasional disruptions. Advantages for lessees include high visibility near anchors and metro access, offset by challenges like parking constraints during peak hours and category-specific competition.