Mayland Heights Commercial Real Estate
Mayland Heights is a core NE Calgary light industrial and office business park submarket. Established industrial buildings, flex space, and Edmonton Trail commercial — with strong connectivity to Memorial Drive, Deerfoot Trail and the broader NE industrial corridor.
Mayland Heights — Market Overview
Mayland Heights is one of Calgary's established inner NE industrial submarkets, situated north of Memorial Drive between Edmonton Trail and Barlow Trail. As a mature business park and light industrial area, it offers industrial, office and retail investment within close range of the downtown core.
The submarket is characterized by small-bay and medium-bay light industrial buildings ranging from 1960s vintage to early 2000s. These buildings house trades, light manufacturers, distributors, automotive services, and logistics companies that need inner-city industrial access without downtown land pricing.
Industrial vacancy in NE Calgary sits at 3.88% — one of the tightest industrial markets in Canada — and Mayland Heights benefits directly from this supply constraint. Industrial lease rates of $12–17/sf net reflect strong occupier demand and a limited new-supply pipeline.
Mayland Heights Cap Rates & Market Data (2025)
| Asset Class | Location | Cap Rate | Notes |
|---|---|---|---|
| Light Industrial — Bay Units | Mayland Business Park | 6.0–7.5% | Light mfg, trades, flex |
| Office — Business Park | Mayland Park | 6.5–8.0% | Engineering, logistics, medical |
| Retail — Edmonton Trail | Edmonton Trail NE | 5.5–7.0% | Service commercial, restaurant |
| Industrial — Owner-User Small Bay | Mayland NE | 7.0–8.0% | Strong local demand |
Calgary 2025 mill rate: $17.18 non-residential. NE industrial lease rates: $12–17/sf net. No provincial income or sales tax in Alberta.
Why Investors Choose Mayland Heights
Inner-city industrial at below-downtown land costs. Mayland Heights delivers genuine light industrial functionality within 10 minutes of Calgary's downtown — a rare combination. Tenants pay a premium for this access, supporting strong occupancy.
NE industrial vacancy at 3.88%. Calgary's NE is one of the tightest industrial markets in Western Canada. Limited new supply in Mayland Heights means existing buildings trade at full occupancy with waiting-list demand.
Owner-user demand is deep. Small NE Calgary businesses — trades, auto services, light manufacturers — specifically want Mayland Heights addresses. Owner-user cap rates compress accordingly.
Strong arterial access. Memorial Drive, Edmonton Trail and Barlow Trail provide three independent arterial connections, reducing logistics friction and making the submarket attractive to a wide range of industrial tenants.
Mayland Heights — Frequently Asked Questions
What commercial real estate is available in Mayland Heights Calgary?
What are industrial lease rates in Mayland Heights?
What are industrial cap rates in Mayland Heights?
Is owner-user industrial available in Mayland Heights?
How do I buy or lease industrial space in Mayland Heights?
Looking at Mayland Heights?
Our NE Calgary industrial advisors cover Mayland Heights light industrial, business park office and Edmonton Trail commercial.
Talk to a Broker