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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
$32,500,000 CAD
Price Per SF
$242.74 CAD
Cap Rate
7.08%
NOI
$2,300,000 CAD
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

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 6,076 SF
  • Office
  • Partial Build-Out
  • Now

Main floor space is available for lease in this well maintained, downtown office building. The space features plenty of natural light and a 10 foot high finished drop ceiling. Direct access from Broad Street to the space is available. On-site parkade and surface parking stalls are also available for tenants. The building is close to several service amenities and public transit.

Space Size Space Use Condition Available
1st Floor 6,076 SF Office Partial Build-Out Now

1st Floor

Size
6,076 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Floor

Size 6,076 SF
Space Use Office
Condition Partial Build-Out
Available Now

Main floor space is available for lease in this well maintained, downtown office building. The space features plenty of natural light and a 10 foot high finished drop ceiling. Direct access from Broad Street to the space is available. On-site parkade and surface parking stalls are also available for tenants. The building is close to several service amenities and public transit.

Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
  • Listing ID: 35789488

  • Date on Market: 2025-05-08

  • Last Updated:

  • Address: 2045 Broad St, Regina, SK S4P 3T7

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