Shopping Auto Center
27 Strathmoor Drive
27 Strathmoor Dr, Sherwood Park, AB T8H 0C1
Listing Price: $6,250,000
Investment Overview
Marcus & Millichap’s Western Canada NNN Group is pleased to present the opportunity to acquire 27 Strathmoor Drive in Sherwood Park, Alberta (the “Subject Property”). The single-tenant, 100 percent automotive service facility is leased to Kal Tire Ltd., one of Canada’s largest independent tire dealers, operating more than 270 locations nationwide. The property is secured by a landlord-friendly triple-net (NNN) lease with a corporate covenant.
The Subject Property contains 21,742 square feet of leasable area on a 2.52-acre site located within Sherwood Park’s Northern Industrial area. The site benefits from direct frontage and access along Strathmoor Drive, with convenient connectivity to Broadmoor Boulevard and the Yellowhead Highway. This offering provides stable cash flow with minimal landlord responsibilities in a well-established industrial location.
27 Strathmoor Drive
Investment Highlights
- 100% leased to Kal Tire Ltd. under a landlord-friendly NNN lease, with the tenant responsible for all operating costs, utilities, and day-to-day management.
- Kal Tire has operated at the property since 2006 and holds four remaining five-year renewal options, supporting long-term tenancy and stable income.
- Located in Sherwood Park's Northern Industrial area with direct access to Strathmoor Drive and close proximity to Broadmoor Boulevard and Yellowhead Highway.
- 21,742 SF automotive service facility situated on a 2.52-acre industrially zoned site, supporting continued automotive and service-oriented use.
- Situated within the Edmonton CMA, benefiting from projected population growth, significant capital investment, and ongoing industrial expansion supporting demand.
Exclusively Listed By
Listing Price: $6,250,000
Investment Highlights
- 100% leased to Kal Tire Ltd. under a landlord-friendly NNN lease, with the tenant responsible for all operating costs, utilities, and day-to-day management.
- Kal Tire has operated at the property since 2006 and holds four remaining five-year renewal options, supporting long-term tenancy and stable income.
- Located in Sherwood Park's Northern Industrial area with direct access to Strathmoor Drive and close proximity to Broadmoor Boulevard and Yellowhead Highway.
- 21,742 SF automotive service facility situated on a 2.52-acre industrially zoned site, supporting continued automotive and service-oriented use.
- Situated within the Edmonton CMA, benefiting from projected population growth, significant capital investment, and ongoing industrial expansion supporting demand.
Investment Overview
Marcus & Millichap’s Western Canada NNN Group is pleased to present the opportunity to acquire 27 Strathmoor Drive in Sherwood Park, Alberta (the “Subject Property”). The single-tenant, 100 percent automotive service facility is leased to Kal Tire Ltd., one of Canada’s largest independent tire dealers, operating more than 270 locations nationwide. The property is secured by a landlord-friendly triple-net (NNN) lease with a corporate covenant. The Subject Property contains 21,742 square feet of leasable area on a 2.52-acre site located within Sherwood Park’s Northern Industrial area. The site benefits from direct frontage and access along Strathmoor Drive, with convenient connectivity to Broadmoor Boulevard and the Yellowhead Highway. This offering provides stable cash flow with minimal landlord responsibilities in a well-established industrial location.
Exclusively Listed By
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