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East Regina — Victoria Avenue · Big-Box Retail · Auto Dealers · Industrial East End

East Regina / Victoria Avenue Commercial Real Estate

Regina's primary big-box retail and automotive corridor. Victoria Avenue East connects the downtown to the Trans-Canada Highway, carrying the city's highest retail traffic counts. Auto dealers, power centre anchors and fast food operators cluster along this high-volume arterial.

$16–28Power Centre Retail /sf Net
$10–14East Industrial Net /sf
6.0–7.5%Retail Cap Rate
HighVictoria Ave Traffic
East Regina Submarkets
Victoria Avenue East Power Centre
Big-Box · National Retailers · QSR
Home Depot, Costco, Best Buy and major grocery anchors define the power centre cluster on the east end of Victoria Avenue. Fast food operators, pharmacies and national chains occupy pad sites and inline space. Among the highest retail traffic counts in Regina.
$20–28/sfPrime Inline Net
6.0–7.0%Cap Rate
Auto Dealer Row
New Car · Used Car · Service
Victoria Avenue East hosts one of Saskatchewan's densest concentrations of automotive dealerships. Ford, Toyota, GM, Kia and numerous independents operate showroom and service operations along this corridor. High land values reflect the premier auto location in the city.
$14–20/sfShowroom Net
6.5–8.0%Cap Rate
East Industrial / Airport Area
Light Industrial · Manufacturing · Aviation
The industrial area east of downtown toward Regina International Airport provides manufacturing, food processing and aviation-adjacent space. Lower rents than North Industrial with good highway access. Government logistics and freight forwarding users benefit from airport proximity.
$10–14/sfNet Rent
7.0–8.5%Cap Rate
6.0–7.5%
Retail Cap Rate
$16–28
Power Centre Net /sf
5.5–6.5%
QSR Pad Cap Rate
Airport
Industrial Proximity

East Regina / Victoria Avenue — Market Overview

East Regina and Victoria Avenue East form the city's premier big-box retail and automotive corridor. The stretch of Victoria Avenue from Ring Road east to the Trans-Canada Highway carries among the highest traffic volumes in Saskatchewan, making it the location of choice for major national retailers, restaurant chains and automotive brands. This is where Regina residents shop for major purchases — appliances, electronics, vehicles, sporting goods and home improvement — meaning demand from national retailers is persistent and vacancy is typically low.

Auto dealerships occupy a significant portion of the Victoria Avenue East corridor, drawn by the high traffic volumes, highway visibility and large lot requirements that can be met in this area but not in the downtown core. Auto dealer properties represent a distinct investment class — typically long-term net leases to creditworthy tenants with significant site improvements (service bays, showrooms, outdoor lighting) that tie the tenant to the location.

The industrial area east of downtown toward Regina International Airport serves manufacturing, food processing and aviation-adjacent users. Net rents of $10–14/sf are lower than North Industrial, reflecting older and more varied building stock, but the area offers excellent highway access for users serving the eastern Saskatchewan trade area.

Asset ClassLocationVacancyNet RentCap Rate
Power Centre RetailVictoria Ave East4–7%$20–28/sf6.0–7.0%
Strip Mall / InlineVictoria Ave East5–8%$16–22/sf6.5–7.5%
QSR / Gas PadVictoria Ave East<2%Ground lease5.5–6.5%
Auto DealerDealer Row<5%$14–20/sf6.5–8.0%
Light IndustrialEast Industrial6–10%$10–14/sf7.0–8.5%

Frequently Asked Questions — East Regina Commercial Real Estate

What commercial real estate is in East Regina?
East Regina along Victoria Avenue is the city's main big-box retail and auto dealer corridor. Home Depot, Costco, Best Buy and major auto brands line this strip. The east end also has light industrial and flex space serving manufacturing and logistics users near Regina International Airport.
What are retail rents on Victoria Avenue in East Regina?
Victoria Avenue East retail rents range from $16–28/sf net for strip mall inline and power centre space in 2025. Big-box anchored power centres command lower base rents ($14–18/sf) while fast food and pharmacy pads on ground leases trade at cap rates of 5.5–6.5%.
What industrial space is available in East Regina?
East Regina's industrial area near the airport offers light industrial, flex and manufacturing space at $10–14/sf net. The area serves aviation-adjacent users, food processing and manufacturing tenants needing highway access. Cap rates are 7.0–8.5% — higher than North Industrial due to older building stock.
What cap rates apply in East Regina?
East Regina cap rates: retail power centres 6.0–7.5%, QSR and gas station pad sites 5.5–6.5%, light industrial 7.0–8.5%, auto dealer properties 6.5–8.0%. The QSR and pharmacy net lease market is the most liquid investment product in the corridor.
How do I find auto dealer or big-box commercial space in East Regina?
Contact Canada's Home Commercial for current East Regina availability across retail, automotive and industrial asset classes. We represent both tenants seeking space and investors seeking income-producing commercial properties in the Victoria Avenue East corridor.

Find Commercial Space in East Regina

Big-box retail, auto dealer pad, QSR pad or industrial flex — our team covers every property on the Victoria Avenue East corridor.

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