Restaurants /AB /Strathcona County County /Sherwood Park /3850 Sherwood Dr
Restaurants /AB /Strathcona County County /Sherwood Park /3850 Sherwood Dr

3850 Sherwood Dr - Restaurant CONDO FOR SALE


Sherwood Park, AB T8H 0Z9 | 
$526,400 CAD
587-414-7598
3850 Sherwood Dr, Sherwood Park, AB for Sale
$526,400 CAD
Restaurant CONDO - FOR SALE
1/8
null | 6% Cap Rate
VIEW MAP
GET DIRECTIONS

3850 Sherwood Dr
Sherwood Park, AB T8H 0Z9

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Stable, predictable cash flow with a clean and simple lease structure
  • Neighborhood retail location with strong daily traffic and built-in customer base
  • Condominium ownership offering limited landlord responsibilities and controlled capital exposure

OVERVIEW

Current Net Rent: $2,632 per month Annual Net Operating Income (NOI): $2,632 × 12 = $31,584 Cap Rate: 6.00% Implied Value: $31,584 ÷ 0.06 = $526,400 Lease Structure: Property taxes and condominium fees fully recoverable from tenant on actuals (true net)

FOR SALE DETAILS

PRICE

$526,400 CAD

PRICE/SF

$533 CAD /SF

CAP RATE

6%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aspen Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

7,119 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.79 AC

LAND SF

426,258 SF

ZONING

C1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rui Yang2123635 Alberta Ltd.More Info
587-414-7598

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

Rui Yang2123635 Alberta Ltd.More Info
587-414-7598

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy NoticeCookie PolicyExercise Your Rights
Copyright © 1997-2026 CoStar Realty Information, Inc.