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Garrison Green Commercial Real Estate

SW Calgary urban village commercial — Garrison Green's ground-floor retail and professional offices on former CFB Calgary lands near Crowchild Trail SW and 26th Avenue SW.

$28–$40
Retail Net Rent (NNN $/sf)
5.8%
Retail Vacancy Rate
~22,000
Community & Area Population
26 Ave SW
Primary Commercial Corridor

Garrison Green Commercial Overview

Garrison Green is a planned mixed-use urban village in SW Calgary, developed on the former CFB Calgary (Canadian Forces Base) lands near Crowchild Trail SW and 26th Avenue SW. The community was master-planned as a new urbanist development, incorporating ground-floor commercial uses beneath residential buildings — a commercial format more common to inner-city communities than suburban Calgary. The result is a walkable commercial streetscape with independent retailers, food and beverage operators, and professional services embedded within the residential fabric.

Garrison Green's commercial market draws from the affluent SW Calgary communities of Marda Loop to the north, Killarney and Altadore to the northwest, and Lincoln Park and Lakeview to the west. The neighbourhood's planned urban village character attracts independent business operators and specialty retailers who align with the community's design-conscious, higher-income demographic profile. Ground-floor commercial in Garrison Green differs from conventional strip plaza retail in both format and tenant mix, more closely resembling the boutique commercial character of Marda Loop or Kensington.

Key Commercial Corridors

26th Avenue SW is the primary commercial corridor in Garrison Green, running east-west through the community and forming the main commercial streetscape. Ground-floor retail and office spaces fronting 26th Avenue SW host the community's dining, specialty retail, professional services, and personal care operators. The walkable streetscape character along 26th Avenue SW distinguishes Garrison Green from the vehicle-oriented strip commercial format typical of suburban Calgary.

Crowchild Trail SW to the north provides the community's primary vehicular access and connects Garrison Green to Marda Loop, the inner SW communities, and downtown Calgary. Secondary commercial nodes exist at key internal community intersections within the Garrison Green urban village plan. The proximity to Marda Loop's 33rd Avenue SW commercial district introduces a competitive premium commercial node that partially overlaps with Garrison Green's commercial catchment.

Asset Classes

Ground-Floor Retail

Mixed-use ground-floor retail bays 600–3,000 sf along 26th Avenue SW. Boutique retail, specialty food, personal care, and neighbourhood dining formats are the dominant tenant categories.

Professional Office

Ground and upper-floor professional office suites 400–2,000 sf. Creative industries, marketing, design, healthcare, and financial advisory tenants serve the SW Calgary professional community.

Food & Beverage

Restaurant and cafe units in ground-floor mixed-use buildings. Garrison Green's walkable character and higher-income demographic support quality food and beverage operators.

Medical / Wellness

Health and wellness studio, physiotherapy, and medical office uses in ground-floor and purpose-built spaces. Demand driven by the health-conscious, active SW Calgary residential demographic.

Investment Drivers

Garrison Green commercial properties are priced at a premium relative to conventional suburban strip retail, reflecting the urban village character, high-income catchment, and limited competitive supply of mixed-use ground-floor commercial in SW Calgary. Cap rates for well-leased Garrison Green ground-floor retail typically range from 5.0–6.0%, comparable to inner-city commercial nodes like Marda Loop. The limited supply of new mixed-use ground-floor commercial in the SW quadrant supports sustained demand from quality independent operators.

Development Pipeline

New commercial development in Garrison Green is limited by the completion of the original CFB redevelopment plan, which has been largely built out. The development pipeline is focused on remaining residential towers with ground-floor commercial components within the approved area structure plan. Any additional commercial development would require rezoning or plan amendments within the completed master-planned community, making organic commercial growth difficult beyond the designated commercial streetscapes.

Garrison Green — Frequently Asked Questions

What makes Garrison Green commercial different from typical Calgary strip retail?

Garrison Green features mixed-use ground-floor commercial beneath residential buildings along 26th Avenue SW — a new urbanist format that creates a walkable commercial streetscape more typical of inner-city communities than suburban Calgary. Unlike conventional strip plazas, Garrison Green's commercial bays are embedded within the residential fabric, creating a pedestrian-oriented retail environment with a distinct boutique character.

What are typical commercial lease rates in Garrison Green?

Retail net lease rates in Garrison Green range from $28 to $40 per square foot NNN, reflecting the premium location, urban village character, and high-income catchment. Professional office gross rents in mixed-use buildings along 26th Avenue SW are typically $22 to $30 per square foot. These rates are competitive with Marda Loop and represent a significant premium over conventional SW Calgary suburban strip retail.

Who are the typical commercial tenants in Garrison Green?

Garrison Green attracts independent retailers, specialty food and beverage operators, health and wellness studios, professional services, and creative industry tenants. The community's design-conscious, higher-income demographic profile supports boutique retail, artisan food, physiotherapy, and lifestyle-oriented commercial uses. National chain tenants are less common in Garrison Green than in conventional strip plazas, reflecting the walkable urban village format.

What is the investment case for Garrison Green commercial properties?

Garrison Green commercial properties offer investors a rare opportunity to acquire mixed-use ground-floor retail in an established SW Calgary urban village at cap rates of 5.0–6.0%. The limited competitive supply of urban village commercial in SW Calgary, combined with the high-income residential catchment and walkable format, supports sustained tenant demand and above-average rent growth relative to conventional suburban retail.

How does Garrison Green relate to the Marda Loop commercial market?

Garrison Green's commercial market complements Marda Loop's 33rd Avenue SW district, with some tenant overlap and cross-shopping between the two nodes. Marda Loop is the dominant commercial destination for SW Calgary's boutique retail and food and beverage, while Garrison Green's commercial serves more immediate neighbourhood needs for its residential base. The proximity of Marda Loop introduces competitive tension for food and beverage operators, but also validates Garrison Green's commercial positioning within the SW Calgary lifestyle retail market.

Is there new commercial development planned in Garrison Green?

New commercial development in Garrison Green is limited, as the original CFB redevelopment plan is largely built out. The pipeline is focused on remaining residential phases with designated ground-floor commercial within the approved area structure plan. Additional commercial development beyond the designated commercial streetscapes would require rezoning, making organic commercial growth constrained within the completed community boundaries.

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