WYE ROAD
RETAIL FOR LEASE
WYE ROAD
CROSSING
WYE ROAD & ASH STREET SHERWOOD PARK, AB
Partnership. Performance. Ben Volorney, Principal 780.429.7565 [email protected]
Kade Clark, Associate 780.702.0697 [email protected]
WYE ROAD CROSSING --
Located just 10 minutes east of Edmonton, Sherwood Park/Strathcona County is an affluent community with a population of 92,403 people and an average household income of $137,481 (2014).
--
Wye Road Crossing is ideally located in the heart of retail along Wye Road (28,527 vehicles per day) with major new Commercial/Residential development planned immediately east of the site.
--
Join various national retailers in the area including Walmart, Save On Foods, Shoppers Drug Mart and many more.
--
Strong daytime traffic coupled with an evening draw from restaurant patrons make the site ideal for a wide variety of retail uses.
70’-0”
WYE ROAD - 28,527
31’-2 5/8” 2,344 SF
AVAILABLE 2,344 SF
DETAILS Year Built: 2009 Area: 2,344 square feet Parking Stalls: 456 (4.8/1,000 sf) Rental Rates: Market Available: February 1st, 2015
N
Common Area Maintenance: $6.04 / s.f. Property Tax: $4.06 / s.f.
Demographics - Sherwood Park / Strathcona County Household Income: •
Average household income across Strathcona County in 2013 was almost $143,000.
•
This is 50% higher than the City of Edmonton average.
•
Household income growth is anticipated to be just over 3% per annum.
•
Based on this growth, average household incomes are forecasted to grow to $200,000 by 2023 and almost $270,000 by 2033.
* Based on Environics Canadian 2013 Estimates / 2033 Projections.
1 km 10,158 10,762 10,977
Population 2011 Census 2014 Estimate 2017 Projection
3 km 54,445 58,775 60,418
5 km 123,244 131,982 135,329
% Population Change (2011-14)
5.9%
8.0%
7.1%
% Population Change (2014-17)
2.0%
2.8%
2.5%
Total per capita retail spending $13,651 per annum (31% higher than City of Edmonton average) • • • •
Convenience Spending Comparison Spending Food & Beverage Spending Leisure & Entertainment Spending*
$4,982 per annum $6,849 per annum $1,040 per annum $781 per annum
27% higher than City of Edmonton avg. 36% higher than City of Edmonton avg. 16% higher than City of Edmonton avg. 31% higher than City of Edmonton avg.
* Entertainment spending includes alcohol away from home and is therefore merged with Food & Beverage during analysis stage.
23.4%
INCREASE IN POPULATION
(2002 - 2013)
$155,518
AVG HOUSEHOLD INCOME (2015 PROJECTION)*
1km
3km
5km
87,998
PRIMARY TRADE AREA (STRATHCONA COUNTY)
$13,651
PER CAPITA RETAIL EXPENDITURES
($2,600 HIGHER THAN REGIONAL AVERAGE)
avisonyoung.com ©2015 Avison Young Real Estate Alberta Inc. All rights reserved.
The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract. Date of publication: January 6th, 2015
WYE ROAD
CROSSING
WYE ROAD & ASH STREET SHERWOOD PARK, AB
Partnership. Performance. Ben Volorney, Principal 780.429.7565 [email protected]
Kade Clark, Associate 780.702.0697 [email protected]
WYE ROAD CROSSING --
Located just 10 minutes east of Edmonton, Sherwood Park/Strathcona County is an affluent community with a population of 92,403 people and an average household income of $137,481 (2014).
--
Wye Road Crossing is ideally located in the heart of retail along Wye Road (28,527 vehicles per day) with major new Commercial/Residential development planned immediately east of the site.
--
Join various national retailers in the area including Walmart, Save On Foods, Shoppers Drug Mart and many more.
--
Strong daytime traffic coupled with an evening draw from restaurant patrons make the site ideal for a wide variety of retail uses.
70’-0”
WYE ROAD - 28,527
31’-2 5/8” 2,344 SF
AVAILABLE 2,344 SF
DETAILS Year Built: 2009 Area: 2,344 square feet Parking Stalls: 456 (4.8/1,000 sf) Rental Rates: Market Available: February 1st, 2015
N
Common Area Maintenance: $6.04 / s.f. Property Tax: $4.06 / s.f.
Demographics - Sherwood Park / Strathcona County Household Income: •
Average household income across Strathcona County in 2013 was almost $143,000.
•
This is 50% higher than the City of Edmonton average.
•
Household income growth is anticipated to be just over 3% per annum.
•
Based on this growth, average household incomes are forecasted to grow to $200,000 by 2023 and almost $270,000 by 2033.
* Based on Environics Canadian 2013 Estimates / 2033 Projections.
1 km 10,158 10,762 10,977
Population 2011 Census 2014 Estimate 2017 Projection
3 km 54,445 58,775 60,418
5 km 123,244 131,982 135,329
% Population Change (2011-14)
5.9%
8.0%
7.1%
% Population Change (2014-17)
2.0%
2.8%
2.5%
Total per capita retail spending $13,651 per annum (31% higher than City of Edmonton average) • • • •
Convenience Spending Comparison Spending Food & Beverage Spending Leisure & Entertainment Spending*
$4,982 per annum $6,849 per annum $1,040 per annum $781 per annum
27% higher than City of Edmonton avg. 36% higher than City of Edmonton avg. 16% higher than City of Edmonton avg. 31% higher than City of Edmonton avg.
* Entertainment spending includes alcohol away from home and is therefore merged with Food & Beverage during analysis stage.
23.4%
INCREASE IN POPULATION
(2002 - 2013)
$155,518
AVG HOUSEHOLD INCOME (2015 PROJECTION)*
1km
3km
5km
87,998
PRIMARY TRADE AREA (STRATHCONA COUNTY)
$13,651
PER CAPITA RETAIL EXPENDITURES
($2,600 HIGHER THAN REGIONAL AVERAGE)
avisonyoung.com ©2015 Avison Young Real Estate Alberta Inc. All rights reserved.
The information contained herein was obtained from sources deemed to be reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract. Date of publication: January 6th, 2015
