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.
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 Class | Location | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| Power Centre Retail | Victoria Ave East | 4–7% | $20–28/sf | 6.0–7.0% |
| Strip Mall / Inline | Victoria Ave East | 5–8% | $16–22/sf | 6.5–7.5% |
| QSR / Gas Pad | Victoria Ave East | <2% | Ground lease | 5.5–6.5% |
| Auto Dealer | Dealer Row | <5% | $14–20/sf | 6.5–8.0% |
| Light Industrial | East Industrial | 6–10% | $10–14/sf | 7.0–8.5% |
Frequently Asked Questions — East Regina Commercial Real Estate
What commercial real estate is in East Regina?
What are retail rents on Victoria Avenue in East Regina?
What industrial space is available in East Regina?
What cap rates apply in East Regina?
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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.
