SW Corner 231 Street and Whitemud Drive 40,613 SF 24% Leased 4-Star Retail Building Enoch, AB T7X 3Y3 For Sale

This property is a large corner retail development site available for sale as a lease-hold interest, located at the southwest corner of 231 Street and Whitemud Drive in Enoch, Alberta, near the Edmonton city limits. The site offers approximately seven acres of mixed-use commercial land with city water and sanitary services. It benefits from high exposure to both Whitemud Drive and 231 Street and is adjacent to major amenities such as the River Cree Resort and Casino, Costco Wholesale, and Lewis Estates Golf Course.
The property is situated next to a proposed 257-acre mixed-use development surrounding the River Cree Casino and is close to several new residential communities. Within a three-kilometer radius, there are $677 million in proposed and ongoing projects, including the River Cree Resort and Casino expansion, Lewis Farms Recreation Centre, Rosenthal Flats apartment building, and a new K-6 school in Rosenthal.
Demographic data for the area indicates an estimated 2023 population of 19,961, an average household income of $133,246, and a median age of 35.3. The intersection of 231 Street and Whitemud Drive sees an average daily traffic count of 5,570 vehicles as of 2024.