







1/9St. Albert, AB T8N7X1
Price on request
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
85%
Lot Size
1.0013719283746556 ac
Sable Realty is proud to present Sinova Centre @ Erin Ridge, a premier new Class A retail development by Sinova Developments, strategically positioned in the heart of Erin Ridge North, one of St. Alberts most established and affluent communities. This high-profile project will deliver approximately 13,500 SF of modern, architecturally refined commercial space designed to accommodate a dynamic mix of retail, service, professional, food-oriented, and childcare users, including a purpose-built daycare space with dedicated outdoor play area.Thoughtfully planned and prominently situated on approximately 1 acre with exceptional frontage along St. Albert Trail and Ernest Boulevard, Sinova Centre @ Erin Ridge offers outstanding visibility and daily exposure to consistent local and commuter traffic. Surrounded by dense residential neighbourhoods, major commercial anchors, schools, and continued multi-family growth, the development is ideally positioned to serve both established households and ongoing community expansion.With direct connectivity to key arterial roadways linking St. Albert to Edmonton and the greater Capital Region, Sinova Centre @ Erin Ridge represents a prime opportunity for businesses seeking premium positioning within a thriving residential and commercial corridor. (id:66811)
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Monthly debt service
$7K
Projected NOI
$70K
Annual cash flow
$-13K
Cash-on-cash
-2.97%
DSCR
0.84
Going-in cap
4.65%
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.
Trade area within 3 miles of the property.
Population
58,896
Households
22,038
Median income
$65,500
Median age
42.6
Daytime population
77,690
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for St. Albert.
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.