Sturgeon Plaza is located at 1 Hebert Road in St. Albert, Alberta.

Information

Size: 29,724 Sq ft
Year bought: 2009
Purchase Price: CAD9.85m
Current status: still generating income for investors

Notes

• Well maintained, attractive strip plaza with excellent exposure
• Strong tenancy, including Royal Bank, Canada Post, Veterinarian & Global Pet Foods
• Easy access for local residents as well as commuters returning home from Edmonton. Located in the affluent and thriving community of St. Albert
• Average local income is +76% versus national average within a 5km radius
• Prime location on a major intersection with high vehicular traffic counts
• Just 10 minutes to West Edmonton and 20 minutes to downtown Edmonton
• Additional 3,200 sq ft available for development – planning permission already approved for new building work
• Excellent potential for increased rental and property value
• new leases being written at much higher rates than current rates
• located on a new exit of the North West ring road, which will soon be completed and increase traffic

About St. Albert

• St Albert’s continued strong population growth provides business opportunities for new and on-going operations
• Strategically situated in the Calgary-Edmonton Corridor, the region that is leading the continent economically

Street Map

For a larger street map, or to get directions from where you are to this property, please click here.