116 – 120 Marquis Drive combines amazing location with ease of access. Located between HWY 16 and HWY 12 in Agriplace, there is a continual flow of traffic to many of the surrounding amenities including SaskTel Center, Costco, and multiple hotels and restaurants. The building also provides multiple access points including access from Thatcher as well as 2 access points on Marquis Drive.
For Lease
116 – 120 Marquis Drive
Saskatoon, Saskatchewan
Property Type
Retail
Building Size
44100
square feet
Units
4
Year built
2024
Land Size
3
acre(s)
Zoning
IL1
Lease details
Located on the corner of Marquis Drive and Thatcher Avenue is CityLife Crossing, a retail development poised to serve big box retailers in Saskatoon. The site is shadow-anchored by Costco Wholesale and benefits from exceptional visibility and the high traffic volumes of Marquis Drive. Further to this, the site is visible from one of Saskatoon’s busiest intersections in Idylwyld Drive N and Marquis Drive.This intersection serves to connect Saskatoon to Warman and Prince Albert via Highway 11 and Martensville and North Battleford via Highway 12. The site is currently 32% occupied with Saskatoons first La-Z-boy committed to the west end-cap. Currently, there is 33,000 square feet of gross leasable area remaining in the 48,000 square foot development.Costco built it’s first location in Saskatoon across the street from CityLife Crossing back in 1991. Given the success in this location Saskatoon’s Costco justified opening a second Costco location to service Saskatoon’s South side in 2016. The success of this North-end location is no surprise given that retail availability on Saskatoon’s North-end is historically hard to come by, as well as the rapid population growth of Warman and Martensville.
Total Building Size
44,100 sq. ft.
Vacant
10,000 sq. ft.
Unit Number(s)
Multiple
Net Lease Rate
$22.95
per square foot
Occupancy Cost
$5.50
per square foot
Unit Size
23500
square feet
Lease Possession
Q1 2025