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101 Bremner Dr 14,532 SF Retail Building Sherwood Park, AB T8H 0M5 $5,638,323 USD ($387.99 USD/SF) 7.02% Cap Rate



INVESTMENT HIGHLIGHTS
- Rarely available, high-profile single-tenant property featuring an active drive-through.
- Prime 2.02-acre corner site fronting Baseline Road (42,300 VPD) in Sherwood Park. Located immediately east of Edmonton.
- Rexall is operating on a carefree, NNN lease with minimal landlord responsibilities.
- Lease secured by a strong corporate covenant, enhancing investment security.
EXECUTIVE SUMMARY
Marcus & Millichap’s Western Canada NNN Group is pleased to present 101 Bremner Drive, Sherwood Park, AB — a 2.02-acre site improved with a 14,532 SF freestanding Rexall pharmacy fronting Baseline Road (42,300 VPD). Ideally positioned within a thriving commercial node, the property offers excellent visibility and access, surrounded by national retailers and just steps from the Bethel Transit Terminal — Strathcona County’s primary transit hub. This location ensures steady consumer traffic and supports long-term tenant success. It is 100% leased to Rexall Pharmacies ULC on a landlord-favourable NNN lease, delivering secure, passive cash flow. Founded in 1904, Rexall’s 120-year operating history and 400-store national footprint underscore the tenant’s institutional-grade covenant.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,532 SF
Building Class
B
Year Built
2010
Price
$5,638,323 USD
Price Per SF
$387.99 USD
Cap Rate
7.02%
NOI
$395,747 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.02 AC
Zoning
C2 - Arterial Commercial
Walk Score®
Very Walkable (76)
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101 Bremner Dr
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