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2045 Broad St
Regina, SK S4P 3T7
South Broad Plaza · Office Property For Sale


Investment Highlights
- Major upgrades have been completed to the property
- It is located on a 1.74 acre parcel of land in Regina’s downtown core
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
133,890 SF
Building Class
B
Year Built
1979
Price
$23,126,734 USD
Price Per SF
$172.73 USD
Cap Rate
7.08%
NOI
$1,636,661 USD
Percent Leased
95%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
22,315 SF
Building FAR
1.77
Lot Size
1.74 AC
Zoning
DCD - Downtown District
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