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Emerald Hills District 5000 Emerald Dr 3,221 - 19,444 SF of Retail Space Available in Sherwood Park, AB T8H 0K9
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 325-5 | 3,229 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 345-5 | 3,221 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 350-5 | 4,961 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 600-5 | 3,963 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 630-5 | 4,070 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
5000 Emerald Dr - 1st Floor - Ste 325-5
Emerald Hills Centre presents a rare opportunity to acquire a premier open-air retail destination in one of Alberta’s fastest-growing communities. Strategically located between Highway 16 and Emerald Drive, this 55-acre regional centre serves the affluent and expanding population of Sherwood Park and greater Strathcona County. The property is anchored by a powerful mix of national retailers including Sephora, Winners, Canadian Tire, Golf Town, Wine & Beyond, and Lowe’s, offering a stable and diversified income stream. The centre benefits from exceptional visibility and access, with over 30,000 vehicles passing daily and seamless connectivity to Edmonton, just 20 minutes away. Its location within the Emerald Hills Development Area—a designated residential growth zone—positions the asset for long-term appreciation and sustained consumer demand. The surrounding community includes hospitals, schools, and recreation facilities, further enhancing daily foot traffic and tenant performance.
- Located in Sherwood Park’s designated growth zone
- Anchored by top-tier national brands
- Captures traffic from over 30,000 vehicles daily
- Serves a trade area of 730,000+ residents
- Managed by SHAPE Properties
5000 Emerald Dr - 1st Floor - Ste 345-5
Emerald Hills Centre presents a rare opportunity to acquire a premier open-air retail destination in one of Alberta’s fastest-growing communities. Strategically located between Highway 16 and Emerald Drive, this 55-acre regional centre serves the affluent and expanding population of Sherwood Park and greater Strathcona County. The property is anchored by a powerful mix of national retailers including Sephora, Winners, Canadian Tire, Golf Town, Wine & Beyond, and Lowe’s, offering a stable and diversified income stream. The centre benefits from exceptional visibility and access, with over 30,000 vehicles passing daily and seamless connectivity to Edmonton, just 20 minutes away. Its location within the Emerald Hills Development Area—a designated residential growth zone—positions the asset for long-term appreciation and sustained consumer demand. The surrounding community includes hospitals, schools, and recreation facilities, further enhancing daily foot traffic and tenant performance.
- Can be combined with additional space(s) for up to 8,182 SF of adjacent space
- Located in Sherwood Park’s designated growth zone
- Anchored by top-tier national brands
- Captures traffic from over 30,000 vehicles daily
- Serves a trade area of 730,000+ residents
- Managed by SHAPE Properties
5000 Emerald Dr - 1st Floor - Ste 350-5
Emerald Hills Centre presents a rare opportunity to acquire a premier open-air retail destination in one of Alberta’s fastest-growing communities. Strategically located between Highway 16 and Emerald Drive, this 55-acre regional centre serves the affluent and expanding population of Sherwood Park and greater Strathcona County. The property is anchored by a powerful mix of national retailers including Sephora, Winners, Canadian Tire, Golf Town, Wine & Beyond, and Lowe’s, offering a stable and diversified income stream. The centre benefits from exceptional visibility and access, with over 30,000 vehicles passing daily and seamless connectivity to Edmonton, just 20 minutes away. Its location within the Emerald Hills Development Area—a designated residential growth zone—positions the asset for long-term appreciation and sustained consumer demand. The surrounding community includes hospitals, schools, and recreation facilities, further enhancing daily foot traffic and tenant performance.
- Can be combined with additional space(s) for up to 8,182 SF of adjacent space
- Located in Sherwood Park’s designated growth zone
- Anchored by top-tier national brands
- Captures traffic from over 30,000 vehicles daily
- Serves a trade area of 730,000+ residents
- Managed by SHAPE Properties
5000 Emerald Dr - 1st Floor - Ste 600-5
Emerald Hills Centre presents a rare opportunity to acquire a premier open-air retail destination in one of Alberta’s fastest-growing communities. Strategically located between Highway 16 and Emerald Drive, this 55-acre regional centre serves the affluent and expanding population of Sherwood Park and greater Strathcona County. The property is anchored by a powerful mix of national retailers including Sephora, Winners, Canadian Tire, Golf Town, Wine & Beyond, and Lowe’s, offering a stable and diversified income stream. The centre benefits from exceptional visibility and access, with over 30,000 vehicles passing daily and seamless connectivity to Edmonton, just 20 minutes away. Its location within the Emerald Hills Development Area—a designated residential growth zone—positions the asset for long-term appreciation and sustained consumer demand. The surrounding community includes hospitals, schools, and recreation facilities, further enhancing daily foot traffic and tenant performance.
- Fully Built-Out as Standard Retail Space
- Located in Sherwood Park’s designated growth zone
- Anchored by top-tier national brands
- Captures traffic from over 30,000 vehicles daily
- Serves a trade area of 730,000+ residents
- Managed by SHAPE Properties
5000 Emerald Dr - 1st Floor - Ste 630-5
Emerald Hills Centre presents a rare opportunity to acquire a premier open-air retail destination in one of Alberta’s fastest-growing communities. Strategically located between Highway 16 and Emerald Drive, this 55-acre regional centre serves the affluent and expanding population of Sherwood Park and greater Strathcona County. The property is anchored by a powerful mix of national retailers including Sephora, Winners, Canadian Tire, Golf Town, Wine & Beyond, and Lowe’s, offering a stable and diversified income stream. The centre benefits from exceptional visibility and access, with over 30,000 vehicles passing daily and seamless connectivity to Edmonton, just 20 minutes away. Its location within the Emerald Hills Development Area—a designated residential growth zone—positions the asset for long-term appreciation and sustained consumer demand. The surrounding community includes hospitals, schools, and recreation facilities, further enhancing daily foot traffic and tenant performance.
- Fully Built-Out as Standard Retail Space
- Located in Sherwood Park’s designated growth zone
- Anchored by top-tier national brands
- Captures traffic from over 30,000 vehicles daily
- Serves a trade area of 730,000+ residents
- Managed by SHAPE Properties
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 19,444 SF | Gross Leasable Area | 504,549 SF |
| Max. Contiguous | 8,182 SF | Total Land Area | 55.44 AC |
| Center Type | Regional Mall | Year Built | 2025 |
| Stores | 3 | Cross Streets | Yellowhead Dr |
| Center Properties | 3 |
| Total Space Available | 19,444 SF |
| Max. Contiguous | 8,182 SF |
| Center Type | Regional Mall |
| Stores | 3 |
| Center Properties | 3 |
| Gross Leasable Area | 504,549 SF |
| Total Land Area | 55.44 AC |
| Year Built | 2025 |
| Cross Streets | Yellowhead Dr |
NEARBY MAJOR RETAILERS
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Emerald Hills District | 5000 Emerald Dr
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