101 Bremner Dr - Retail FOR SALE


Sherwood Park, AB T8H 0M5
$7,800,000 CAD
604-638-1999
101 Bremner Dr, Sherwood Park, AB for Sale
$7,800,000 CAD
Retail - FOR SALE
1/8
null | 7.02% Cap Rate

101 Bremner Dr
Sherwood Park, AB T8H 0M5


HIGHLIGHTS

  • Rarely available, high-profile single-tenant property featuring an active drive-through.
  • Rexall is operating on a carefree, NNN lease with minimal landlord responsibilities.
  • Prime 2.02-acre corner site fronting Baseline Road (42,300 VPD) in Sherwood Park. Located immediately east of Edmonton.
  • Lease secured by a strong corporate covenant, enhancing investment security.

OVERVIEW

Marcus & Millichap’s Western Canada NNN Group is pleased to present 101 Bremner Drive, Sherwood Park, AB — a 2.02-acre** site improved with a 14,532 SF freestanding Rexall pharmacy fronting Baseline Road (42,300 VPD). Ideally positioned within a thriving commercial node, the property offers excellent visibility and access, surrounded by national retailers and just steps from the Bethel Transit Terminal — Strathcona County’s primary transit hub. This location ensures steady consumer traffic and supports long-term tenant success. It is 100% leased to Rexall Pharmacies ULC on a landlord-favourable NNN lease, delivering secure, passive cash flow. Founded in 1904, Rexall’s 120-year operating history and 400-store national footprint underscore the tenant’s institutional-grade covenant.

FOR SALE DETAILS

PRICE

$7,800,000 CAD

PRICE/SF

$537 CAD /SF

CAP RATE

7.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

49,901 SF

ZONING

C2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Curtis LeonhardtMarcus & MillichapMore Info
604-638-1999

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Curtis LeonhardtMarcus & MillichapMore Info
604-638-1999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.