The property is 86% leased to a premier mix of national and regional tenants, including Safeway, Shoppers Drug Mart, and Dollar Tree, which provide essential service grocery and drug retail offerings. The remaining tenants provide shoppers with other complementary uses including casual dining, health and medical, financial services, electronics, food services, and more. Combined with a weighted average lease to expiry (WALE) of 3.94 years, the property offers investors a strong tenant profile and income stability.

The property is surrounded by several major retail centres including Capital City Centre, Victoria Common and Victoria Gate. Together, these shopping centres form a dominant retail hub featuring a broad selection of brand-name retailers such as Sobeys, Costco and London Drugs, as well as various dining options including Earls and Craving's. As a result, Victoria Square benefits from exceptional retail synergy in a prime retail destination of Regina. Situated along the Trans-Canada Highway, the property has exposure to approximately 56,600 vehicles per day, and serves a favorable demographic, with average household income of $124,616 within the adjacent neighborhoods.

Access to the site is provided via the highway, with additional access points along Truesdale Drive, Quance Street and University Park Drive.

The property features 1,383 parking stalls, for a parking ratio of 4.87 /1,000 sq. ft.

The Property is easily accessible by public transit, with two bus stops immediately adjacent to the Property, serving up to 4 individual bus routes.

Victoria Square is a well-performing shopping centre due to its outstanding location and synergistic balance of products and services. The Property is able to further capitalize on the strong features of the market as well as the property itself by taking advantage of value-add opportunities. The current occupancy of 92% allows for leasing upside, as some of the currently vacant units are among the best located units in the shopping centre. There is also potential to expand the food court and introduce new kiosks, which could improve the quantity and quality of services in the mall, recapture common areas, and increase revenues. In addition, the current marketing program and building signage can be improved upon to potentially increase both traffic and sales. Long term redevelopment potential is also available, as the Property is located in an Urban Corridor that is targeted by the City for densified residential/mixed-use development.