1/123810 Sherwood Drive, Sherwood Park
3810 Sherwood Drive, Sherwood Park, AB T8H0Z9
Price on request
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
90%
Year Built
2017
Lot Size
7.15 ac
About this property
Fully fixtured bar and restaurant space available for lease, offering 3,154 sq. ft. on a prime corner location at the bustling intersection of Lakeland Drive and Sherwood Drive. Situated inside a sought-after, premium commercial and retail hub, the location sees heavy daily commuter and retail traffic, with 26,818 vehicles per day passing along Sherwood Drive south of Lakeland Drive. The surrounding 3km radius boasts a population of 40,113, 24,500 employees, 1,850 businesses, $1.2B in total consumer spending, and an average household income of $158,565 — a strong, high-density trade area for a restaurant or bar concept. This turnkey space is ready for immediate occupancy, with ample on-site parking across 309 surface stalls serving the plaza. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
65,495
Households
26,997
Median income
$124,000
Median age
37.3
Daytime population
91,529
5-yr growth
7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3810 Sherwood Drive, Sherwood Park.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.