2045 Broad St - Office FOR SALE


Regina, SK S4P 3T7
$32,500,000 CAD
306-559-9001
2045 Broad St, Regina, SK for Sale
$32,500,000 CAD
Office - FOR SALE
1/1
null | 7.08% Cap Rate

2045 Broad St
Regina, SK S4P 3T7


OVERVIEW

Avison Young Commercial Real Estate (Sask) Inc. has been retained as exclusive agent to offer for sale 100% interest in 2045 Broad Street, Regina, Saskatchewan, which is known as South Broad Plaza. This building is 95% leased to the provincial government and currently has one vacancy on the main floor. Major upgrades have been completed to the property. The property features a 133,890 square foot (rentable area) six storey office building with 212 electrified parking stalls. The building has been leased to government tenants for the past 25 years. It is located on a 1.74 acre parcel of land in Regina’s downtown core, with close proximity to many of the city’s landmark office buildings. This building represents a unique opportunity to acquire an institutional quality asset in the core of Regina’s office leasing and investment market.

FOR SALE DETAILS

PRICE

$32,500,000 CAD

PRICE/SF

$243 CAD /SF

CAP RATE

7.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Broad Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

DCD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dale GriesserAvison Young Commercial (Sask) Real EstateMore Info
306-559-9001

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Dale GriesserAvison Young Commercial (Sask) Real EstateMore Info
306-559-9001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.