INVESTMENT SALE

PROVINCIAL OFFICE BUILDING 298 1ST STREET EAST, CREIGHTON SK

OFFERED AT A 7.62% CAP RATE

OVERVIEW The Provincial Office Building in Creighton SK services the northeast corner of . It houses the court house, social services, natural resources, plus other provincial departments. It has been at this location since 1980. Creighton is located 2 km west of MB.

The current landlord has owned the property since 2010. The provincial government lease has been renewed (September 2020) for an additional five years, with one, five-year renewal option.The tenant desires an expansion of 2,200 SF which may be negotiated in the next year. PROPERTY PROFILE

AVAILABLE FOR SALE NOTABLE PROVINCIAL OFFICES SITE DETAILS 10,734.52 SF • Saskatchewan Government 33 paved parking stalls LAND SIZE Central Services LEGAL DESCRIPTION 1.15 acres • Creighton Social Services Surface Parcel 135733091 SALE PRICE • Saskatchewan Court House POSSESSION $2,495,000.00 and Corrections To be determined NOI • Creighton Community $190,000 (2021) Health Services TAXES • Natural Resources & $14,903 (2020) Conservation Office

TRUST US TO PUT YOU ON THE MAP ICRCOMMERCIAL.COM PROVINCIAL OFFICE BUILDING

TRUST US TO PUT YOU ON THE MAP ICRCOMMERCIAL.COM PROVINCIAL OFFICE BUILDING

ce 1ST STREET EAST

FLOORPLAN SITEPLAN (NOT TO SCALE) (NOT TO SCALE)

TRUST US TO PUT YOU ON THE MAP ICRCOMMERCIAL.COM PROVINCIAL OFFICE BUILDING

URANIUM CITY

106

WALLASTON LKE 289 1st St East Creighton SK

LYNN LAKE

LA RONGE CREIGHTON

MEADOW 167 LAKE

EDMONTON THE PAS PRINCE ALBERT

NORTH MELFORT

MARTENSVILLE WARMAN

HUMBOLDT

ROSETOWN

CALGARY

REGINA MOOSE SWIFT AW CURRENT

WINNIPEG

ESTEVAN

THIS INFORMATION HAS BEEN SECURED FROM SOURCES THAT ICR COMMERCIAL REAL ESTATE BELIEVES TO BE RELIABLE, BUT WE MAKE NO REPRESENTATION OR WARRANTIES – EXPRESSED OR IMPLIED – AS TO THE ACCURACY OF INFORMATION. JIM W UNITED STATES

SALES & LEASING PROPERTY MANAGEMENT SALES & LEASING SALES & LEASING DOWNTOWN DOWNTOWN NORTH PROPERTY MANAGEMENT 275 1ST AVENUE N 100 – 261 1ST AVENUE N 840 48TH STREET E 200 – 1055 PARK ST SASKATOON, SK S7K 1X2 SASKATOON, SK S7K 1X2 SASKATOON, SK S7K 3Y4 REGINA, SK S4N 5H4 P: 306.664.6116 P: 306.664.6118 P: 306.933.2929 P: 306.721.6116 F: 306.664.1940 F: 306.664.1940 F: 306.931.0882 F: 306.721.1940

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