Fastest-Growing City in Canada — QE2 Industrial Corridor, Calgary North
Airdrie Commercial Real Estate
Industrial, office and retail for lease and sale across Airdrie's Genesis Industrial Park, East QE2 corridor, Iron Horse retail and downtown. 20 minutes north of Calgary with its own surging population base.
$16–20Industrial Net Rent /sf
5.5–6.5%Industrial Cap Rate
0%Provincial Income Tax
20kmSouth to Calgary via QE2
Property Types
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Airdrie Submarkets
Genesis Industrial Park
Primary Industrial — QE2 East
Airdrie's premier industrial node adjacent to QE2. Warehousing, distribution and oil patch service users seeking Calgary proximity at lower land costs. Sub-6% vacancy driven by Calgary industrial overflow.
$16–20/sfNet Rent / Cap
QE2 DirectKey Feature
IndustrialPrimary Use
Barons Road Industrial
Established Industrial
Flex and service bay product. Trade and equipment users. Good access to QE2 and Highway 567 east-west connector. Attractive to owner-users.
$14–18/sfNet Rent / Cap
Hwy 567Key Feature
IndustrialPrimary Use
Downtown Airdrie
Main Street Commercial
Historic Main Street transitioning to mixed-use. Professional services, boutique retail and restaurants. City Hall anchors ongoing revitalization.
$16–22/sfNet Rent / Cap
Civic AnchorKey Feature
Office/RetailPrimary Use
Iron Horse / Kingsview
Mixed Commercial
Auto dealers, service retail and strip centres serving the growing residential base. National retailers including grocery anchors.
$18–26/sfNet Rent / Cap
National AnchorsKey Feature
RetailPrimary Use
Luxstone / NE Airdrie
Suburban Retail Growth
Grocery-anchored neighbourhood centres, medical offices and service retail. Strong demographics from young families relocating from Calgary.
$16–24/sfNet Rent / Cap
Growth AreaKey Feature
Retail/MedicalPrimary Use
SW Windsong / Williamstown
Newest Residential Retail
Airdrie's newest expansion areas. Early-stage commercial absorbing quickly as residential density builds.
$14–20/sfNet Rent / Cap
Future GrowthKey Feature
RetailPrimary Use
All Airdrie Communities
Browse Every Airdrie Neighbourhood
Downtown Airdrie
Kingsview Industrial Park
8th Street Corridor
Cooper's Crossing / South Airdrie
North Airdrie / Genesis
Airdrie Business Park
Cooper Crossing
Genesis
Bayside Commercial
Downtown Airdrie
East Lake Commercial
Genesis Commercial
Midtown Airdrie
Nolanfield Commercial
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Big Springs Commercial
Hillcrest Airdrie Commercial
Reunion Commercial
Royal Oak Airdrie
Thorburn Commercial
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8Th Street Commercial
Bayside North
Big Springs East
Chinook Gate East
Cobblestone East Airdrie
Coopers East
Downtown Airdrie Commercial
Downtown Airdrie North
East Airdrie Commercial
East Lake East
Genesis East
Hillcrest East Airdrie
Kings Heights East
Kingsview East
Midtown East Airdrie
North Airdrie Commercial
Reunion East
Sagewood East
Williamstown East
Windsong East
5.5–6.5%
Industrial Cap Rate
5.0–6.0%
Multifamily Cap Rate
0%
Provincial Income Tax
20km
To Calgary
Airdrie Commercial Real Estate — Market Overview 2025
Airdrie is consistently Canada's fastest-growing city by percentage, fuelled by young families seeking affordable ownership housing within commuting distance of Calgary. The QE2 industrial corridor running through Airdrie's east side absorbs Calgary industrial overflow demand at significantly lower land costs, making Genesis Industrial Park one of the best-performing suburban industrial markets in Alberta.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| Genesis Industrial | Industrial | 4–6% | $16–20/sf | 5.5–6.5% |
| Barons Road | Flex Industrial | 6–9% | $14–18/sf | 6.0–7.0% |
| Downtown | Office | 8–14% | $14–20/sf gross | 7.0–8.5% |
| Iron Horse | Retail | 4–7% | $18–26/sf net | 5.5–7.0% |
| Luxstone NE | Retail/Medical | 4–6% | $16–24/sf net | 5.5–7.0% |
| City-Wide | Multifamily | 2–4% | — | 5.0–6.0% |
Further Reading
→ Alberta Commercial Real Estate Cap Rates 2025
→ Alberta Has No Provincial Income Tax — What It Means for Investors
→ Why Investors Are Moving to Alberta
Airdrie Commercial Real Estate FAQ
Frequently Asked Questions — Airdrie
What are cap rates in Airdrie commercial real estate?
Airdrie 2025 cap rates: industrial 5.5–6.5%, retail 6.0–7.5%, multifamily 5.0–6.0%, office 7.0–8.5%. Higher yields than Calgary while sharing the QE2 corridor and the fastest population growth of any Canadian city.
What makes Airdrie industrial attractive?
Airdrie offers Calgary-proximity distribution at 20–30% lower land cost. Genesis Industrial Park runs sub-6% vacancy with limited new supply. QE2 direct access means logistics users can efficiently serve all of Alberta.
How do I find commercial space in Airdrie?
Contact Canada's Home Commercial via our contact form, or call 780-545-5955.
Ready to Find Commercial Space in Airdrie?
Industrial, office, retail or investment — our team covers every Airdrie submarket.