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Country Hills Village Commercial Real Estate

Calgary, Alberta · Neighbourhood Commercial

$28–42
Retail NNN / sq ft
$22–32
Office NNN / sq ft
$14–18
Industrial NNN / sq ft
8–12%
Avg Vacancy Rate

Overview

Country Hills Village sits in the northwest quadrant of Calgary, bounded by Country Hills Boulevard to the south and Stoney Trail to the north and west. Developed through the late 1990s and 2000s, the community's commercial nodes matured alongside rapid residential growth in the broader Country Hills area, producing a well-established inventory of neighbourhood retail plazas, medical offices, and service commercial properties. The area benefits from excellent access to Stoney Trail, placing it within a short drive of the major employment centres at the Calgary Airport and Deerfoot Trail corridor.

The local commercial market in Country Hills Village maintains a lower vacancy rate than the broader Calgary suburban average, driven by consistent demand from an affluent, owner-occupant household base. Investors seeking stabilized retail assets in a high-traffic north Calgary location find Country Hills Village appealing for its long-term lease structures, strong covenant tenancy from national retail chains, and ongoing population growth in surrounding communities such as Evanston, Nolan Hill, and Sherwood.

Key Corridors

Country Hills Village is defined by its position along Country Hills Boulevard NW, a primary arterial that connects Stoney Trail to the core of north Calgary. The Harvest Hills Boulevard intersection forms the community's main commercial spine, supporting a mix of grocery-anchored strip malls, fast casual dining, and neighbourhood-serving professional offices. Visibility from Country Hills Boulevard is exceptional, with traffic counts exceeding 25,000 vehicles per day, making it one of the busiest retail corridors in northwest Calgary.

Secondary commercial activity clusters near 14 Street NW where it intersects with Country Hills Boulevard, accommodating automotive services, medical clinics, and specialty retail. The pattern of development along these corridors is predominantly single-storey strip retail with surface parking, consistent with northwest Calgary suburban commercial typology. Landlords along these corridors benefit from a captive residential catchment and limited new commercial land supply within the immediate neighbourhood.

Asset Classes

Retail

Neighbourhood plazas, pad sites, and inline retail serving the local residential catchment.

Office

Low-rise professional and medical office suites with surface parking.

Industrial

Service commercial bays and light industrial flex space where zoning permits.

Mixed-Use

Ground-floor retail with upper-floor residential or office in newer developments.

Investment Drivers

Country Hills Village benefits from its position in north Calgary, where residential growth continues to generate new demand for neighbourhood retail, medical services, and professional offices. The community's access to Stoney Trail (Ring Road) places it within the primary commercial catchment of some of Calgary's highest-growth residential communities, supporting long-term lease demand and low structural vacancy.

Investors evaluating Country Hills Village commercial real estate should consider the strong fundamentals underpinning suburban Calgary retail: a growing population, limited new supply in established nodes, and a persistently low residential vacancy rate that drives consumer spending in neighbourhood retail and service commercial categories. Canada's Home Commercial brokers active in north Calgary can provide current listings, recent comparable sales, and lease rate benchmarks to support investment decision-making.

Frequently Asked Questions — Country Hills Village Commercial Real Estate

What types of commercial properties are available in Country Hills Village?

Country Hills Village offers neighbourhood retail plazas, medical and dental offices, quick-service restaurant pads, and service commercial bays. The inventory skews toward single-storey strip retail with surface parking, which is the dominant typology along Country Hills Boulevard NW.

What are typical retail lease rates in Country Hills Village?

Retail lease rates in Country Hills Village range from $28 to $42 per square foot NNN, consistent with northwest Calgary suburban retail benchmarks. Anchor-adjacent inline units and pad sites at high-traffic intersections command rates at the upper end of this range.

How does access to Stoney Trail benefit Country Hills Village businesses?

Stoney Trail provides direct ring-road access that connects Country Hills Village to Calgary International Airport, the CP Rail logistics hub, and the broader Calgary metro within 20 minutes. This makes the node attractive for regional services, logistics-adjacent retail, and businesses serving both north Calgary residents and regional pass-through traffic.

Is Country Hills Village a good location for medical office tenants?

Yes. The community's demographics skew toward established families and seniors, generating consistent demand for family medicine, dental, physiotherapy, and specialist medical services. Several purpose-built medical office strata units are available in the area, with lease rates typically ranging from $22 to $28 per square foot NNN.

What is the vacancy rate for commercial space in Country Hills Village?

Vacancy in Country Hills Village commercial nodes typically runs between 8 and 12 percent, in line with the broader Calgary suburban retail market. Well-located units along Country Hills Boulevard tend to lease up quickly, particularly those with drive-through potential or high-visibility corner positions.

Are there investment sale opportunities for commercial properties in Country Hills Village?

Yes. Multi-tenant strip retail plazas and individual strata retail units trade regularly in Country Hills Village. Cap rates for stabilized, well-tenanted assets in the area typically range from 5.5 to 7 percent depending on covenant strength, lease term remaining, and location within the corridor.

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