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101 Bremner Dr. - Sherwood Park Rexall

101 Bremner Dr, Sherwood Park, AB T8H 0M5

Listing Price: $7,800,000

Cap Rate
7.02%
Gross SF
14,532
Rentable SF
14,532
Price/Gross SF
$536.75
Lot Size
2.02 acres
Year Built
2009

Investment Overview

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.

Investment Highlights

  • Rarely available, high-profile single-tenant property featuring an active drive-through.
  • Rexall is operating on a carefree, NNN lease with minimal landlord responsibilities.
  • Lease secured by a strong corporate covenant, enhancing investment security.
  • Prime 2.02-acre corner site fronting Baseline Road (42,300 VPD) in Sherwood Park. Located immediately east of Edmonton, within the Edmonton Metropolitan Region.
  • Recent Phase I ESA available upon execution of confidentiality agreement.
  • Sherwood Park has a large surrounding population of 75,575 people, which is expected to grow by 11.4% by 2029.

Exclusively Listed By

Shopping Neighborhood

101 Bremner Dr. - Sherwood Park Rexall

Listing Price: $7,800,000

Cap Rate
7.02%
Gross SF
14,532
Rentable SF
14,532
Price/Gross SF
$536.75
Lot Size
2.02 acres
Year Built
2009

Investment Highlights

  • Rarely available, high-profile single-tenant property featuring an active drive-through.
  • Rexall is operating on a carefree, NNN lease with minimal landlord responsibilities.
  • Lease secured by a strong corporate covenant, enhancing investment security.
  • Prime 2.02-acre corner site fronting Baseline Road (42,300 VPD) in Sherwood Park. Located immediately east of Edmonton, within the Edmonton Metropolitan Region.
  • Recent Phase I ESA available upon execution of confidentiality agreement.
  • Sherwood Park has a large surrounding population of 75,575 people, which is expected to grow by 11.4% by 2029.

Investment Overview

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.

Exclusively Listed By

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