1/25Unit B 2837 Saskatchewan DRIVE, Regina
Unit B 2837 Saskatchewan DRIVE, Regina, SK S4T1H3
$2,200 per sq ft / yr
1,400 SF
Asset Class
Specialty
Size
1,400 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$2
Occupancy
83%
Year Built
1955
About this property
Great opportunity to lease a spot on a high traffic road close to downtown. This space is ideal for most small businesses/ trades with retail or office space as well as shop/ warehouse/storage and an overhead door from potential compound space/ parking. The location has thepotential for City of Regina tenant incentives. There is a great neighbouring tenant (architect) and lo0ta of potential. This space must be seen to be appreciated. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$10
Projected NOI
$98
Annual cash flow
$-23
Cash-on-cash
-3.55%
DSCR
0.81
Going-in cap
4.47%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 550 SF | 2029-09 |
| Meridian Health Group | 400 SF | 2029-09 |
| Meridian Health Group | 400 SF | 2029-09 |
| Meridian Health Group | 400 SF | 2029-09 |
Area demographics
Trade area within 3 miles of the property.
Population
114,082
Households
47,051
Median income
$123,500
Median age
36.1
Daytime population
114,566
5-yr growth
4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Unit B 2837 Saskatchewan DRIVE, Regina.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.