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 Saskatchewan. 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 Flin Flon 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 NIPAWIN
NORTH BATTLEFORD MELFORT
MARTENSVILLE WARMAN
HUMBOLDT SASKATOON
ROSETOWN KINDERSLEY
CALGARY YORKTON
REGINA MOOSE SWIFT AW CURRENT
WINNIPEG WEYBURN
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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