Neighbourhood Overview
Broder's Annex is one of Regina's oldest established industrial areas, situated in north Regina near Industrial Avenue and Fleet Street, immediately north of the downtown core. The area has served as a light industrial and service commercial zone since Regina's early development era, providing affordable industrial space for trades, automotive, light manufacturing, and service commercial businesses in close proximity to the city centre. The aging building stock and urban location give Broder's Annex a distinctly industrial character within walking distance of downtown Regina's commercial and government offices.
Industrial lease rates in Broder's Annex range from $9 to $14 per sq ft net — among Regina's most affordable industrial rents, reflecting the area's older building stock and the competitive supply of industrial space in the city's established industrial zones. Service commercial and automotive uses in the area achieve $12–$20 net. The area's north Regina downtown-adjacent location is a double-edged asset: convenient for inner-city service businesses but subject to increasing pressure from downtown-adjacent redevelopment as Regina's core continues to develop.
Key Commercial Corridors
Industrial Avenue is the primary commercial and industrial artery through Broder's Annex, running east-west and providing connectivity between the downtown core to the south and the north Regina residential and commercial areas. Industrial Avenue hosts a mix of auto repair shops, automotive dealers and services, light industrial operations, trades contractors, and older commercial buildings occupied by service and community businesses. The avenue's proximity to downtown Regina is a key attribute for service commercial tenants who benefit from both arterial traffic and walk-in business from nearby office workers.
Fleet Street and the surrounding north Regina street grid provide the internal circulation network for the Broder's Annex industrial area, connecting individual industrial and commercial properties to Industrial Avenue and the broader north Regina road system. Light industrial and service commercial uses along Fleet Street and adjacent streets include automotive restoration, metal fabrication, equipment rental, commercial printing, and trades contractor yards. The area's street grid layout allows for a variety of industrial building configurations and yard space arrangements suited to diverse industrial tenancy.
Asset Classes
Light Industrial / Trades
Trades contractors, automotive, light manufacturing in older north Regina industrial buildings. $9–$14 net.
Automotive Service & Repair
Auto repair, restoration, fleet service near downtown Regina. Strong north-side demand.
Commercial Storage & Yard
Indoor and outdoor storage for equipment, inventory, and materials in north Regina industrial zone.
Service Commercial
Inner-city service businesses, printing, commercial services near downtown Regina. $12–$20 net.
Investment Drivers
Broder's Annex industrial properties offer some of Regina's most affordable commercial and industrial acquisition costs, with older building stock pricing reflecting the area's age and the competitive industrial market in the city's north sector. The area's proximity to downtown Regina is a long-term asset, as inner-city-adjacent industrial zones in other Canadian cities have been subject to gradual commercial and residential redevelopment pressure over time — though the pace and timing of this transition in Regina is uncertain and should not be the primary investment thesis for near-term investors.
Near-term income from auto-service, light industrial, and trades tenancy provides positive cash flow at affordable acquisition costs, while the area's downtown adjacency provides an option value that distinguishes Broder's Annex from more remote north Regina industrial locations. Investors with long time horizons and low leverage may find value in properties with large lot areas that could support future higher-density commercial or mixed-use redevelopment. Active management and maintenance of older industrial buildings is essential to maintaining occupancy in a competitive Regina industrial market.