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#550 3850 SHERWOOD DR, Sherwood Park, AB, T8H 0H8

Courtesy of Rakesh Chadha of Logic Realty
MLS® # E4366570
Commercial For Sale In Centennial, Sherwood Park, Alberta
$529,900
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
#550 3850 Sherwood Dr, Sherwood Park, AB
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ACTIVE
#550 3850 SHERWOOD DR, Sherwood Park, AB, T8H 0H8
$529,900

Property Information:

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.

Property Features:

  • Built in: 2017

Courtesy of: Logic Realty

Data was last updated 2024-04-28 at 20:27

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the REALTORS® Association of Edmonton. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data on this website is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Information deemed reliable but not guaranteed.

Copyright 2024 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.

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Location of #550 3850 SHERWOOD DR, Sherwood Park, AB, T8H 0H8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

27 hot days expected in 2050

35/100

Moderate-Low

ClimateCheck®

Current data

This property, #550 3850 SHERWOOD DR , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
27

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

22/100

Moderate-Low

ClimateCheck®

Current data

This property, #550 3850 SHERWOOD DR , experiences 10 significant 2-day storms per year, with about 194.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 210.7mm of precipitation per year.

Precipitation Per Storm

Past
194.2mm
2050
210.7mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of #550 3850 SHERWOOD DR, Sherwood Park, AB, T8H 0H8

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$173,717.93

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.61 %

High school certificate or equivalent

24.21 %

Apprenticeship trade certificate/diploma

9.42 %

College/non-university certificate

23.99 %

University certificate (below bachelor)

1.24 %

University Degree

30.54 %

Commuter

Travel To Work

By Car

93.12 %

By Public Transit

2.83 %

By Walking

1.49 %

By Bicycle

0.0 %

By Other Methods

2.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.93 %

Houses

95.07 %

Own Vs. Rent

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