Evergreen Commercial Real Estate | Canada's Home Commercial

Available Properties

Neighbourhood Strip Retail — Evergreen Dr SW

$25-$35 psf NNN

Village commercial CRUs in Evergreen's neighbourhood centres; food, health, and convenience.

Retail

Medical / Professional Office — Evergreen SW

$21-$28 psf NNN

Ground-floor and plaza medical/professional office suites; ample parking.

Office

Mixed-Use Retail / Office — Evergreen village

$23-$32 psf NNN

Flexible CRU space in mixed-use village buildings; retail or professional use.

RetailOffice

Strip Plaza Investment — Evergreen SW

$2.5M-$5M

6-10 unit neighbourhood plaza; local tenancy; 5.5-6.5% cap.

Retail

Multifamily Walk-Up — Evergreen SW

$2.4M-$4.5M

12-18 suite walk-up; Fish Creek and Stoney Trail adjacency boosts desirability.

Multifamily

Office / Medical Strata — Evergreen SW

$500K-$1.1M

Professional or medical strata unit; owner-user or NNN lease-back.

Office

Submarket Areas

Evergreen Village Retail

Neighbourhood strip plazas in Evergreen's commercial nodes serve a large suburban population with food, health, and convenience retail.

Stoney Trail Access

Stoney Trail ring road interchange provides swift access to the broader Calgary market, supporting arterial retail and service commercial uses.

Fish Creek Park Adjacency

Proximity to Fish Creek Provincial Park drives quality-of-life demand and supports premium multifamily rental and ownership values.

Medical Office Node

Clustered medical and allied-health offices serve Evergreen and adjacent south communities; strong patient catchment.

Multifamily Residential

Modern walk-up and low-rise multifamily buildings in Evergreen attract families and professionals seeking southwest Calgary living.

Macleod Trail SW Frontage

Arterial commercial on Macleod Trail SW at Evergreen's edge provides higher-traffic retail and QSR pad opportunities.

Cap Rate & NNN Reference — Evergreen 2025

Asset Class	Cap Rate Range	Typical NNN (psf/yr)	Notes
Neighbourhood Strip Retail	5.5-6.5%	$25-$35	Village commercial; local and regional tenants
Medical / Professional Office	5.5-6.75%	$21-$28	Suburban node; dedicated parking essential
Mixed-Use Retail/Office	5.25-6.25%	$23-$32	Flexible CRU; growing village node
Multifamily (Walk-Up)	4.75-5.5%	N/A	Park proximity supports premium rents

Frequently Asked Questions

What commercial real estate is available in Evergreen Calgary?

Evergreen offers neighbourhood strip retail ($25-$35 psf NNN), medical/professional office ($21-$28 psf NNN), and mixed-use CRUs. Strip plaza investments sell at $2.5M-$5M at 5.5-6.5% cap rates.

How does Stoney Trail affect commercial property in Evergreen?

Stoney Trail ring road access improves connectivity to the broader Calgary market, supporting arterial retail, net lease pads, and logistics-adjacent service commercial near the interchange.

What are multifamily cap rates in Evergreen?

Evergreen walk-up multifamily trades at 4.75-5.5% cap. Fish Creek Park proximity and Stoney Trail access drive rental demand from families and professionals.

Is medical office a good investment in southwest Calgary suburbs?

Yes. Medical and allied-health office in Evergreen and adjacent communities leases at $21-$28 psf NNN with strata units selling at $500K-$1.1M. The large suburban catchment supports stable demand.

How does the 2025 Calgary mill rate impact Evergreen commercial properties?

The 2025 non-residential mill rate of $17.18 per $1,000 of assessed value applies to all commercial properties in Evergreen. NNN leases typically pass this cost through to tenants.

Ready to Invest in Evergreen?

Canada's Home Commercial provides expert commercial real estate services across Calgary's southwest suburbs. Contact us for Evergreen listings, investment analysis, and cap rate benchmarking.

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Southwest Calgary Suburban Village Commercial Real Estate