An 18,000-square-foot retail strip center is being planned for the space at 5252 South Sherwood Forest Blvd. that was formerly home to Golden Corral for more than a decade.
Pre-leasing activity is taking place for The Shoppes at Sherwood, says Carmen Austin, a leasing agent with Saurage Rotenberg Commercial Real Estate who is working to find tenants for North Carolina-based developer Tributary Land Design + Build.
The center will be able to accommodate 11 tenants total, with drive-thrus available at a few spots, as well as 118 parking spaces. Monthly lease rates will be between $20 and $25 per square foot, says Austin.
Developers hope to break ground on the project sometime in late 2018, and stores and restaurants could open as soon as early next year.
“We have a really nice corner space proposed, with a courtyard area for the anchor restaurant tenant,” says Austin, adding Saurage Rotenberg has long had a relationship with Tributary, which specializes in land design and commercial projects. “We’re talking to pizza places, coffee shops, ice cream parlors and apparel stores.”
Austin hopes to scout out prospective tenants while she’s in Las Vegas this week for the RECon Global Retail Real Estate Convention. Ideally, she’s looking for “a mix between local mom-and-pops and national and regional tenants.”
Golden Corral vacated the Sherwood site, which is located between Airline Highway and Coursey Boulevard, after opening a new location at The Greens at Millerville in late 2016.
See Austin’s renderings for the project:
