#550 3850 Sherwood Dr, Sherwood Park, Alberta T8H 0H8

Listed for:
$529,900
0 beds
0 baths
Listed 171 days ago
#550 3850 Sherwood Dr, Sherwood Park, Alberta T8H 0H8

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Listing provided by:
Logic Realty
MLS® number:
E4366570
Agent:
Rakesh Chadha
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About

Great opportunity to own one of the units (Almost 1000 Sq. Ft) in the 100,000 Square foot Commercial Plaza. Fully leased for 5 years with a cap rate of 6% triple net (NNN). Perfect Investment property for a new or a veteran Investor. This unit backs on to the Lakeland Drive with a quick access to the plaza. Shopping Plaza has a lot of traffic with the tenants as Car Wash, Medical Practice, General and Pediatric Dentists, Veterinary Practice, Day Care, Restaurants, Liquor Store. Plenty of parking with Pylon Exposure. Please do not disturb the Tenant. (id:27476)

Property Highlights

Type
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No
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Parking space
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Amenities nearby

Location

Summary

Here is a fantastic opportunity to become the owner of a unit in a 100,000 square foot commercial plaza, with the unit itself spanning almost 1000 square feet. The unit is fully leased for a period of 5 years, offering a cap rate of 6% triple net (NNN). This makes it an ideal investment property for both new and experienced investors alike.

Conveniently situated with quick access to the plaza, this unit backs onto Lakeland Drive. The shopping plaza itself sees a high volume of traffic, with a diverse range of tenants including a car wash, medical practice, general and pediatric dentists, veterinary practice, day care, restaurants, and a liquor store. Additionally, there is ample parking available with pylon exposure.

It's important to note that the property is currently fully leased, so it's requested that potential buyers refrain from disturbing the tenant. This property is listed for sale and is located at #550 3850 Sherwood Dr. in the city of Sherwood Park, Alberta, with a postal code of T8H0H8.