Commercial & Property Landing
Investment opportunity in newly built standalone high exposure commercial units in 97000 square feet plaza. Currently the units are occupied by a tenant with around 9 years left on the lease term. The gross rentable area is approximately 3349 square feet with average base rent of $ 36.20 per square foot. The tenant pays operating costs and property taxes. The units are in Aspen Plaza located at the busy intersection of Lakeland and, the Sherwood Drive in affluent community of Sherwood Park. The plaza is almost fully occupied with variety of businesses such as car wash, restaurants, medical and dental, day care etc. as major businesses. The documentation on current lease agreement are available upon signing a non-disclosure agreement.