137 king street for sublease
FOR SUBLEASE
137 KING STREET
ESTEVAN, SASKATCHEWAN
HIGH PROFILE COMMERCIAL SPACE AVAILABLE FOR SUBLEASE
Estevan, Saskatchewan • Estevan is the eighth largest City in Saskatchewan and only 16 km north of the Canada-US border. • It is home to a diverse economy featuring power generation, mining, oil & gas, as well as agriculture. • Situated on the Bakken Oil Play, Estevan has direct access to the largest light sweet crude oil deposit in North America. 6,000 oil wells are located within a 250 km (160 mile) radius of Estevan, with most of these wells being serviced or operated by companies located in Estevan. • Estevan will soon be home to the Countries first geothermal power station with the Earth’s internal temperature heating water to generate electricity. • SaskPower has chosen Estevan for its $1.2 Billion clean coal carbon capture enhanced oil recovery project enhancing oil production and reducing greenhouse gas emissions by 1 million tons annually. • Estevan is also home to the new Saskatchewan Energy Training Institute, opening in 2012 which provides training to the local energy sector.
Property Summary
Features
Available for Sublease
15,747 +/- SF
• Located within the retail node of Estevan.
Lease Expiry
May 31, 2026
• Rare retail opportunity at King Street & Spruce Street in Estevan, SK. (Formerly occupied by Staples)
Net Rate Current Rate
Negotiable $11.50/SF until August 31, 2021 $12.50/SF until May 31, 2026
Property Taxes (est.)
$4.00/SF
CAM (est.)
$3.00/SF
(plus management fee)
Parking 4:1000
• Terrific building signage opportunity. • Join No Frills.
Demographics
3 km 5 km Radius Radius
Total Population
12,061 12,355
Households
4,954 5,052
Median Age
36.4
Avg. Household Income (Reference: Environics Analytics ©2016)
36.4
$131,897 $132,852
137 KING STREET LEASING INQUIRIES ICI PROPERTIES
JOHN PEARSON
Direct: (204) 928-8229 Cell: (204) 981-7220 [email protected]
BRENNAN PEARSON Direct: (204) 928-8241 Cell: (204) 291-5003 [email protected]
200-1355 Taylor Avenue Winnipeg, Manitoba R3M 3Y9 Phone: (204) 474-2000 - Fax: (204) 284-7115 Email: [email protected] www.shindico.com
Shindico is dedicated to the protection of the environment and the communities that we are a part of. The accuracy of the information set out herein has not been confirmed, and Shindico Realty Inc. and its affiliated or associated parties make no representations or warranties, express or implied, as to the accuracy of the information including as to size, age or location or other data provided and such parties assume no responsibility for errors and/ or omissions with respect to it. The recipient is responsible to verify the accuracy of any information contained herein and bears all risk related to any inaccuracies. 102517
137 KING STREET
ESTEVAN, SASKATCHEWAN
HIGH PROFILE COMMERCIAL SPACE AVAILABLE FOR SUBLEASE
Estevan, Saskatchewan • Estevan is the eighth largest City in Saskatchewan and only 16 km north of the Canada-US border. • It is home to a diverse economy featuring power generation, mining, oil & gas, as well as agriculture. • Situated on the Bakken Oil Play, Estevan has direct access to the largest light sweet crude oil deposit in North America. 6,000 oil wells are located within a 250 km (160 mile) radius of Estevan, with most of these wells being serviced or operated by companies located in Estevan. • Estevan will soon be home to the Countries first geothermal power station with the Earth’s internal temperature heating water to generate electricity. • SaskPower has chosen Estevan for its $1.2 Billion clean coal carbon capture enhanced oil recovery project enhancing oil production and reducing greenhouse gas emissions by 1 million tons annually. • Estevan is also home to the new Saskatchewan Energy Training Institute, opening in 2012 which provides training to the local energy sector.
Property Summary
Features
Available for Sublease
15,747 +/- SF
• Located within the retail node of Estevan.
Lease Expiry
May 31, 2026
• Rare retail opportunity at King Street & Spruce Street in Estevan, SK. (Formerly occupied by Staples)
Net Rate Current Rate
Negotiable $11.50/SF until August 31, 2021 $12.50/SF until May 31, 2026
Property Taxes (est.)
$4.00/SF
CAM (est.)
$3.00/SF
(plus management fee)
Parking 4:1000
• Terrific building signage opportunity. • Join No Frills.
Demographics
3 km 5 km Radius Radius
Total Population
12,061 12,355
Households
4,954 5,052
Median Age
36.4
Avg. Household Income (Reference: Environics Analytics ©2016)
36.4
$131,897 $132,852
137 KING STREET LEASING INQUIRIES ICI PROPERTIES
JOHN PEARSON
Direct: (204) 928-8229 Cell: (204) 981-7220 [email protected]
BRENNAN PEARSON Direct: (204) 928-8241 Cell: (204) 291-5003 [email protected]
200-1355 Taylor Avenue Winnipeg, Manitoba R3M 3Y9 Phone: (204) 474-2000 - Fax: (204) 284-7115 Email: [email protected] www.shindico.com
Shindico is dedicated to the protection of the environment and the communities that we are a part of. The accuracy of the information set out herein has not been confirmed, and Shindico Realty Inc. and its affiliated or associated parties make no representations or warranties, express or implied, as to the accuracy of the information including as to size, age or location or other data provided and such parties assume no responsibility for errors and/ or omissions with respect to it. The recipient is responsible to verify the accuracy of any information contained herein and bears all risk related to any inaccuracies. 102517
