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Towers Mall 2719 Avonhurst Dr 114,331 SF 100% Leased Retail Building Regina, SK S4R 3J3 $21,500,000 CAD ($188.05 CAD/SF) 6.74% Cap Rate
Executive Summary
Avison Young is proud to present Towers Mall, a fully leased neighbourhood retail strip shopping centre located at the high-traffic intersection of Albert Street and Avonhurst Drive in north Regina. This professionally managed property offers investors a rare opportunity to acquire a stabilized asset with strong financials and exceptional visibility.
Strategically positioned on two major city arteries, Towers Mall provides seamless access to all areas of Regina, including the downtown core. The site benefits from high visibility, strong traffic counts, and a diverse tenant mix that includes national brands and essential services.
Strategically positioned on two major city arteries, Towers Mall provides seamless access to all areas of Regina, including the downtown core. The site benefits from high visibility, strong traffic counts, and a diverse tenant mix that includes national brands and essential services.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
114,331 SF
Building Class
C
Year Built
1967
Price
$21,500,000 CAD
Price Per SF
$188.05 CAD
Cap Rate
6.74%
NOI
$1,449,738 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
8.14 AC
Zoning
MLM - Mixed Large Market
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 6
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Towers Mall | 2719 Avonhurst Dr
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