Sherwood Park retail plaza sold for $8.8M

The retail places is fully leased by both national and local tenants

By
for Western Investor
March 11, 2019





sherwood park
A fully leased retail plaza in Sherwood Park, Alberta has sold for $8.8 million, RE/MAX Excellence tells Western Investor. 
 
The strip mall is situated on a 2.74-acre lot, totaling 25,000-square-feet of retail space. National and local tenants, including A&W, Jiffy Lube and Panago Pizza, lease the units. 
 
The property is located at 99 Wye Rd., Sherwood Park. 
 
 

Breakdown: 

 
Price: $8,800,000
Lot Size: 2.74 acres 
Property Type: Retail 
Zoning: CD1
Date of Sale: 03/01/2019
City: Sherwood Park  
Province: Alberta 
Name of Brokerage: RE/MAX Excellence Commercial Division 
 

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