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Tower Road (Tower Crossing), Regina $29,000,000

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Tower Road (Tower Crossing)
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Lot Size180 acre subdividable site
Taxes $1,103.75 based on agricultural value
Intersection Tower Road & East Dewdney Avenue
District Tower Crossing Regina
Overview
Brochure
 Tower Crossing LEE RETAIL FOR SALE - [pdf]
 

Location

Located in East Regina along the Trans-Canada Highway (HWY 1), which connects Regina’s 237,758 residents (2014 Statistics Canada), both to the east and west with the rest of Saskatchewan’s 1.14 million residents. Commercial real estate experts acknowledge this East Victoria Avenue retail area (2.8 million square feet), as a key Regional location, known as “ground zero” for retail in the Province of Saskatchewan.

 

Investment Highlights

  1. Proposed Plan of Subdivision approved by the City of Regina.
  2. Traditional design is highly coveted by these blue chip retailers:
  3. Large format, wholesale retailer wants to grow their Regina presence on 17 acres;

their purchase to include a gas bar with improved customer eight lane site access (five in-lanes coupled with three out-lanes);

  1. National fashion and home furnishings retailer interested in 85,000 square feet;
  2. Top-tier national entertainment company interested in new 60,000 square foot location;
  3. National grocery retailer interested in purchasing eight acres;
  4. Small format retailers and fast food outlets have been submitting offers to ensure they are a part of this opportunity.
  1. A retail study conducted by a leading analyst concluded that based on population and income growth forecasts for areas surrounding the Tower Crossing site, the trade area will grow to 50,000 by 2024, generating an estimated $982.6 million in retail spending. This equates to an estimated growth in retail floorspace demand of over 1.93 million square feet over the next eight years. Phase I of Tower Crossing is already approved for up to 1.1 million square feet to accommodate this demand.

Amenities
  • High Exposure
  • Highway Access
Tower Road (Tower Crossing)
Regina, Saskatchewan S4V 2Z6
Canada
Sale Type: For Sale
Category: Sale, Retail
Andrea Fletcher
RI (BC)
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3398
(604) 763-2188
Senior Associate, Retail Sales & Leasing
Neil S McAllister
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3374
(604) 720-3312
Senior Vice President, Retail, Investment Sales & Leasing
Details
Lot Size: 180 acre subdividable site
Taxes: $1,103.75 based on agricultural value
Tax Year: 2015
District: Tower Crossing Regina
Zoning: Major Arterial Commercial, Flex and Mixed Use
Intersection: Tower Road & East Dewdney Avenue
Tower Road (Tower Crossing)
Regina, Saskatchewan S4V 2Z6
Canada
Sale Type: For Sale
Category: Sale, Retail
Andrea Fletcher
RI (BC)
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3398
(604) 763-2188
Senior Associate, Retail Sales & Leasing
Neil S McAllister
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3374
(604) 720-3312
Senior Vice President, Retail, Investment Sales & Leasing
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Tower Road (Tower Crossing)
Regina, Saskatchewan S4V 2Z6
Canada
Sale Type: For Sale
Category: Sale, Retail
Andrea Fletcher
RI (BC)
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3398
(604) 763-2188
Senior Associate, Retail Sales & Leasing
Neil S McAllister
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3374
(604) 720-3312
Senior Vice President, Retail, Investment Sales & Leasing
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Tower Road (Tower Crossing)
Regina, Saskatchewan S4V 2Z6
Canada
Sale Type: For Sale
Category: Sale, Retail
Andrea Fletcher
RI (BC)
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3398
(604) 763-2188
Senior Associate, Retail Sales & Leasing
Neil S McAllister
Personal Real Estate Corporation
Lee & Associates Vancouver
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(604) 630-3374
(604) 720-3312
Senior Vice President, Retail, Investment Sales & Leasing
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Tel: (604) 684-7117  |  Fax: (604) 684-1017