Property Details

Investment Opportunity – 11 Athabascan Avenue, Sherwood Park, AB

  • CSZ_4498
  • CSZ_4511
  • CSZ_4475
  • CSZ_4477
  • CSZ_4505
  • CSZ_4507

Investment Opportunity – 11 Athabascan Avenue, Sherwood Park, AB

Sale $8,750,000.00 - Investment
2.25 Acres   Print this page

Euro-Village Plaza Investment Opportunity

11 Athabascan Avenue, Sherwood Park, AB

FOR SALE

BUILDING HIGHLIGHTS

  • 7.1% Cap Rate and 92% Leased
  • Established retail plaza in high profile location
  • Well maintained buildings with one owner in its history
  • Three buildings on site with further development potential
  • Potential for owner to vacate approx. 8,000 Sq.Ft for owner-occupier
  • Owner/User or Leaseback opportunity
  • Twelve long term tenants in place

PROPERTY INFORMATION

Address: 11 Athabascan Avenue, Sherwood Park, AB

Site Size: 2.25 Acres

Total Size: 27,746 Sq.Ft. Total in 3 Buildings

Varese Building – 9,224 Sq.Ft. FULLY LEASED

Daroca Building – 5,290 Sq.Ft. FULLY LEASED

Aldeia Building – 13,232 Sq.Ft. 2 BAYS REMAINING

Site Coverage: 27%

Asking Price: $8,750,000

NOI: $620,000

On-Site Parking: 122 Stalls (Ratio of 4.4 per 1,000 Sq.Ft.)

Traffic Counts: 21,000 VPD on Broadmoor Blvd, 5,000 VPD on Athabascan Avenue

Zoning: C5 – Service Commercial *Service Commercial has a FAR of 1.0*

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Chuck Clubine

Chuck is a 25-year veteran in Edmonton and area commercial real estate industry having attained his license in 1996. He has earned a reputation as one of the industry’s most active Associates by brokering in…

  • Office : 780.784.6553
  • Mobile : 780.264.7773
  • Fax : 780.483.2277

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Tom Dean

Tom has established himself as a strong and dependable representative in landlord and tenant transactions representing multiple law firms, accounting offices, engineering firms, and medical practitioners in both the disposition of properties and the management…

  • Office : 780.920.8019
  • Mobile : 780.920.8019
  • Fax : 780.483.2277

Contact

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