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Sherwood Park 29,878 sq.ft. retail centre fetches $7.25 million

The shopping centre covers 2.65 acres and is seen as an investment opportunity in a community near Edmonton, Alberta
Avison Young, Edmonton, for Western Investor
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Avison Young, Edmonton, for Western Investor

Property type: Retail

Location: 140 Athabasca Avenue, Sherwood Park, Alberta

Property size: 29.878 square feet

Land size: 115,434 square feet

Land size in acres: 2.65 acres

Zoning: CS (Service commercial)

Sale price: $7.25 million

Date of sale: March 14, 2022

Brokerage: Avison Young, Edmonton

Brokers: Reed Newnham, James Robertson and Karnie Vertz