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1550 Saskatchewan Dr 5,400 SF of Retail Space Available in Regina, SK S4P 1T2
Highlights
- Located within Regina’s City Centre redevelopment area along a highly visible corridor.
- Excellent accessibility to downtown business district and major roadways.
- Ample on-site parking with direct street frontage for maximum convenience.
- Current MH – Mixed Highrise zoning supports future mixed-use redevelopment.
- Flexible building design suitable for professional, educational, or service-based uses.
- Strong connectivity to surrounding retail, employment hubs, and civic amenities.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,400 SF | 5-10 Years | $11.27 USD/SF/YR $0.94 USD/SF/MO $60,849 USD/YR $5,071 USD/MO | Triple Net (NNN) |
1st Floor
This 5,400 SF commercial building offers a highly flexible opportunity for a wide range of users, with a current layout designed as office space featuring a combination of individual private offices and larger open work areas. The versatile configuration makes it well-suited for uses such as a training or education center, daycare facility, professional office environment, medical or wellness practice, or other service-based businesses. Ideally positioned to support business success, the property benefits from excellent access and strong visibility, ensuring convenience for both clients and staff. Ample on-site parking further enhances the functionality of the space, making this an attractive leasing opportunity for tenants seeking a well-located, adaptable property.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,400 SF | Gross Leasable Area | 5,400 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Freestanding |
| Total Space Available | 5,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,400 SF |
| Year Built | 1980 |
About the Property
The property at 1550 Saskatchewan Drive in Regina comprises a 5,400 SF building situated on 2.87 acres, originally developed in 1980. It falls within the City Centre growth framework under Regina’s Official Community Plan. The site is zoned MH – Mixed Highrise, enabling mixed-use and higher-density projects. Positioned along the Saskatchewan Drive corridor, it offers immediate access to the downtown core, with nearby retail and professional services. The property also features on-site parking and is served by local transit routes.
Nearby Major Retailers
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1550 Saskatchewan Dr
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