410 and 420 3840 Sherwood Drive: Sherwood Park Retail for sale : MLS®# E4163494

Courtesy of Ravi Thakur of RE/MAX Excellence

410 and 420 3840 Sherwood Drive
Sherwood Park Sherwood Park T8H 0A8

$2,250,000
Retail

Main Photo: 410 and 420 3840 Sherwood Drive: Sherwood Park Retail for sale : MLS®# E4163494
Status:
Active
Prop. Type:
Retail
MLS® Num:
E4163494
Build. Type:
Condo Complex
Investment opportunity in newly built stand alone high exposure commercial units in 97000 square feet plaza. Currently the units are occupied by a tenant with around 9 years left on the lease term. The gross rentable area is approximately 3349 square feet with average base rent of $ 36.20 per square foot. The tenant pays operating costs and property taxes. The units are in Aspen Plaza located at the busy intersection of Lakeland and, the Sherwood Drive in affluent community of Sherwood Park. The plaza is almost fully occupied with variety of businesses such as car wash, restaurants, medical and dental, day care etc. as major businesses. The documentation on current lease agreement are available upon signing a non disclosure agreement.
Transaction Type:
For Sale
Property Type:
Retail
Construction:
Concrete, Steel Frame
Building Type:
Condo Complex
# Units:
0
Year built:
2017 (Age: 2)
Total Floor Area:
3,349 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
C1
Plan:
1722464
Title to Land:
Fee Simple
LINC Number:
0037658135
Possession Date:
Aug 01, 2019
Num. of Parcels:
1
Entry date:
Jun 28, 2019
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Data was last updated September 15, 2019 at 02:30 PM (UTC)
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