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Retail Investment Opportunity 2004 Sherwood Dr 5,000 SF 100% Leased Retail Building Sherwood Park, AB T8A 0Z1 $2,400,000 CAD ($480 CAD/SF)
Executive Summary
This retail investment property presents an exceptional opportunity to acquire a stabilized, income-generating asset in the heart of Sherwood Park.
Featuring a 5,000 square foot single-storey building on a 0.53 acre site with excellent exposure and convenient surface parking.
Built with durable masonry construction, the property combines long-term tenant stability with the flexibility of storefront retail and professional office use.
Currently 100% leased to a mix of professional services and retail tenants, this property offers investors immediate cash flow supported by a diverse and resilient tenant base.
Featuring a 5,000 square foot single-storey building on a 0.53 acre site with excellent exposure and convenient surface parking.
Built with durable masonry construction, the property combines long-term tenant stability with the flexibility of storefront retail and professional office use.
Currently 100% leased to a mix of professional services and retail tenants, this property offers investors immediate cash flow supported by a diverse and resilient tenant base.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
Year Built
1960
Price
$2,400,000 CAD
Price Per SF
$480 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.57 AC
Zoning
CITP - Centre in the Park
Parking
20 Spaces (4 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Very bikeable
80/100
Nearby Major Retailers
1 of 7
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Retail Investment Opportunity | 2004 Sherwood Dr
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