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Promenades Beauport is a regional enclosed shopping center located at 3333 Rue du Carrefour in Québec, QC, serving the eastern Greater Québec City area. With a gross leasable area of approximately 598,272 square feet, it features over 140 stores, including anchors such as Leon's Furniture, Aubainerie, Winners, Sports Experts, Hart, Dollarama, Jean Coutu, and Ureka. The tenant mix emphasizes family-oriented retail with categories including fashion, home goods, sporting goods, discount stores, pharmacy, and services like beauty salons, fitness centers, medical clinics, and dining options.
Positioned as the dominant retail destination in its trade area, it benefits from proximity to Highway 40, providing access to growing suburbs including Beauport, Charlesbourg, Sainte-Brigitte-de-Laval, Côte-de-Beaupré, and Île d'Orléans. The center attracts millions of annual visitors, supported by a primary trade area population exceeding 250,000 with average household incomes around CAD 75,000, reflecting a middle-class demographic focused on value-driven shopping.
Leasing opportunities highlight stable occupancy rates above 95%, with base rents estimated at CAD 25-40 per square foot in Québec City's competitive retail market, where vacancy remains low at under 3% per recent CBRE reports. Advantages include strong footfall from local commuters and regional draw, diversified mix reducing risk from category slumps, and ongoing maintenance ensuring operational quality.
However, challenges involve competition from larger central malls like Les Galeries de la Capitale, which offer more entertainment and luxury options, potentially drawing higher-end shoppers away. Market factors such as e-commerce growth and economic pressures on consumer spending could impact non-essential retail performance, while highway access aids visibility but exposes the site to traffic congestion during peak hours.
Overall, it suits retailers targeting everyday essentials and mid-tier fashion in a stable suburban market.
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Hours of Operation
Hours
| Monday | 09:30 AM — 05:30 PM |
| Tuesday | 09:30 AM — 05:30 PM |
| Wednesday | 09:30 AM — 05:30 PM |
| Thursday | 09:30 AM — 09:00 PM |
| Friday | 09:30 AM — 09:00 PM |
| Saturday | 09:00 AM — 05:00 PM |
| Sunday | 10:00 AM — 05:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Trade Area Demographics
The primary trade area encompasses eastern Québec City suburbs with a population of over 250,000 residents within a 15-minute drive, per commercial real estate analyses. Average household income stands at approximately CAD 75,000, with a demographic profile skewed toward families and middle-income earners aged 25-54. This supports demand for value-oriented retail, but lower disposable incomes compared to central Québec areas (around CAD 85,000) may limit spending on discretionary items. Growth in the region, driven by residential development, projects a 2-3% annual population increase, enhancing long-term potential, though aging population segments could favor health and pharmacy tenants over youth fashion.
Tenant Mix and Occupancy
The center hosts a balanced tenant mix with 40% fashion and apparel, 20% home and leisure, 15% services and health, 15% dining, and 10% discount/general merchandise, anchored by essential retailers like Jean Coutu and Dollarama. Occupancy hovers at 96-98% based on 2024 market reports from Colliers and CBRE, reflecting strong demand in Québec's low-vacancy retail sector (overall 2.5%). This stability aids lease negotiations, but saturation in apparel categories poses risks, with some mid-tier fashion tenants facing sales pressure from online competitors. Operational quality is solid, with recent expansions maintaining appeal, though weaker categories like electronics may see higher turnover.
Accessibility and Competition Risks
Strategically located off Highway 40, the center offers excellent vehicular access with over 3,300 parking spaces and proximity to public transit routes serving 70% of the trade area. Footfall benefits from highway visibility, estimated at 4-5 million annual visits per industry benchmarks for similar Québec properties. However, competition from dominant regional malls like Les Galeries de la Capitale (1.2 million sq ft, higher footfall) and emerging power centers could divert traffic, especially for entertainment-driven shopping. Rent levels of CAD 25-40 psf are competitive but rising 3-5% annually amid low supply; risks include seasonal traffic fluctuations and infrastructure wear from high volume, potentially requiring capex for updates to sustain performance.
Building Details
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Québec, QC
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