McKenzie Towne / Copperfield Commercial Real Estate
SE Calgary's signature master-planned community commercial. High Street village retail, neighbourhood plazas, professional and medical office serving a large, affluent suburban catchment. Stoney Trail and Deerfoot Trail access. No provincial income tax.
McKenzie Towne / Copperfield Commercial Real Estate Market Overview
McKenzie Towne and Copperfield represent SE Calgary's most successful master-planned community commercial model. High Street — McKenzie Towne's signature pedestrian commercial village — set a benchmark for new urbanism retail in Calgary, blending traditional architecture with ground-floor retail and upper-floor residential and office. The area serves a large, predominantly owner-occupied residential catchment with above-average household incomes.
The 130 Avenue SE corridor provides the district's major-format retail spine, with grocery-anchored plazas, big-box tenants, and fast food operators serving McKenzie Towne, Copperfield, and adjacent communities. Stoney Trail ring road and Deerfoot Trail provide excellent regional connectivity, enhancing commercial viability across all formats.
Retail cap rates in McKenzie Towne range from 5.5–7.0%, with High Street village commercial at the tighter end. Professional and medical office trades at 6.5–8.0%. Mill rate of $17.18 and zero provincial income tax bolster investor returns relative to comparable suburban commercial in other Canadian provinces.
2025 Cap Rate & Rent Reference — McKenzie Towne / Copperfield
| Asset Class | Lease Rate | Sale Cap Rate | Typical Size | Key Drivers |
|---|---|---|---|---|
| High Street Village Retail | $28–38/sf net | 5.5–6.5% | 500–3,000 sf | Pedestrian village, low vacancy, community anchor |
| 130 Ave SE Strip / Plaza | $22–32/sf net | 6.0–7.0% | 1,000–20,000 sf | Grocery-anchored, high traffic, suburban catchment |
| Fast Food / Pad Site | Ground lease | 5.0–6.0% | 3,000–6,000 sf | Drive-through format, NNN lease, long term |
| Medical / Professional Office | $18–24/sf gross | 6.5–8.0% | 500–5,000 sf | Suburban population growth, medical demand |
| Commercial Land / Pad | Ground lease / sale | N/A | 0.5–3 ac | Remaining sites, Stoney Trail access |
Frequently Asked Questions — McKenzie Towne / Copperfield Commercial Real Estate
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