270 Hodsman Rd - Retail FOR SALE


Regina, SK S4N 5X4
$3,230,000 CAD
778-653-3284
270 Hodsman Rd, Regina, SK for Sale
$3,230,000 CAD
Retail - FOR SALE
1/5
null | 7% Cap Rate

270 Hodsman Rd
Regina, SK S4N 5X4


HIGHLIGHTS

  • 100% Leased to Kal Tire Ltd., a corporate tenant responsible for all operating costs, including utilities and day to day management.
  • The Subject Property is used as an industrial truck tire retread plant
  • Worn heavyduty truck tires are rebuilt through the application of new tread. This process provides commercial and industrial fleets with renewed tires
  • Situated in Regina’s heavy industrial district with direct access to Ring Road and major arterial routes such as Highway 46
  • As Saskatchewan’s capital and second-largest city, Regina serves as a government, education, and healthcare hub.
  • Regina’s population has grown 9.8% since 2020 to 256,847 and is projected to exceed 279,000 by 2030 (growth of 8.9%).

OVERVIEW

Marcus & Millichap’s Western Canada NNN Group is pleased to present a triple-net (“NNN”) leased automotive industrial truck retread property located at 270 Hodsman Road in Regina, Saskatchewan. The property is leased to Kal Tire Ltd., Canada’s largest independent tire dealer, providing a strong corporate covenant and stable long-term income with minimal management responsibilities. The offering consists of a 1.30-acre site improved with a 25,161 SF facility, strategically located within Regina’s heavy industrial district with direct access to Ring Road and proximity to Highway 46.

FOR SALE DETAILS

PRICE

$3,230,000 CAD

PRICE/SF

$128 CAD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kal Tire

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

IH

APN/PARCEL ID

107159306,107159418

ASK ABOUT THIS PROPERTY

Joe GenestMarcus & MillichapMore Info
778-653-3284

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Joe GenestMarcus & MillichapMore Info
778-653-3284

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