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Nolan Hill Commercial Real Estate

A well-located NW Calgary suburban strip node at Shaganappi Trail NW and 144 Ave — convenient arterial access, growing residential base, and tight retail vacancy.

Get Market ReportAll Calgary
22,000+
Trade Area Population
5.5–7.0%
Retail Cap Rate Range
$22–$34
Retail Net Rent ($/sf)
93%
Avg Retail Occupancy

Commercial Market Overview

Nolan Hill is a northwest Calgary community developed primarily between 2008 and 2020, with commercial activity anchored at the intersection of Shaganappi Trail NW and 144 Ave NW. The node serves Nolan Hill residents alongside commuters using Shaganappi Trail to access Stoney Trail. Strip plazas along 144 Ave NW carry the main retail offer, including pharmacy, food service, fitness, and professional services. The community's demographics are strongly family-oriented with above-median incomes, supporting solid demand for convenience and health-related commercial services.

Key Commercial Corridors

144 Ave NW is the primary commercial address, running east–west through the community's commercial boundary and intersecting Shaganappi Trail NW. Strip plazas and drive-through pads line 144 Ave NW from Shaganappi Trail to Nolan Hill Gate NW. Shaganappi Trail NW itself carries high through-traffic volumes and provides visibility for larger-format tenants and fuel stations at key intersections.

Industrial
No industrial in Nolan Hill. Closest industrial is in the Sage Hill and Beacon Hill areas off Stoney Trail. Light service-commercial in C-N2 zones only, suited for trades and boutique uses.
Retail
Strip plaza in-line bays 800–4,000 sf; drive-through pads on 144 Ave. National pharmacy, QSR, and food tenants established. Net rents $22–$34/sf. Demand from fitness, beauty, and specialty food concepts.
Office
Second-floor and ground-floor strata office above retail strip. Rates $16–$24 net/sf. Demand from health practitioners, mortgage brokers, and insurance agents serving new-home buyers in adjacent communities.
Land
Limited remaining commercial land on 144 Ave NW. Parcels 0.3–1.0 acres. Zoned C-N2 and DC. Highest demand from childcare, medical, and QSR operators. Pricing from $2.0M/acre.

Investment Drivers

Nolan Hill's investment appeal centres on its constrained supply of commercial land relative to a large and affluent residential population, its arterial road access via Shaganappi Trail, and its role as a satellite node for commuters travelling between the northwest communities and the city centre. Ongoing residential build-out in nearby Carrington and Glacier Ridge continues to expand the effective trade area. The community's high ownership rate and stable long-term tenancy patterns make strip plazas here attractive low-management assets for private investors.

Development Pipeline

Nolan Hill's commercial land base is largely built out, with pipeline activity limited to infill intensification. A proposed mixed-use building with ground-floor retail and upper-floor professional office on 144 Ave NW is under review. Two additional QSR drive-through pads along Shaganappi Trail are in preliminary design. As the broader NW Calgary corridor evolves, Nolan Hill strip assets are well-positioned for value-add repositioning as leases roll.

Frequently Asked Questions

What commercial properties are available in Nolan Hill Calgary?

Nolan Hill has neighbourhood strip retail in-line bays, medical and professional office strata units, QSR drive-through pads along 144 Ave NW, and a limited supply of remaining commercial land at the Shaganappi Trail NW intersection.

How accessible is Nolan Hill for commercial tenants?

Nolan Hill sits directly on Shaganappi Trail NW, a major arterial that connects south to Crowfoot and north to Stoney Trail Ring Road. This gives tenants and their customers straightforward access from across northwest Calgary without relying solely on internal community roads.

Are there strata commercial units available to purchase in Nolan Hill?

Yes. Ground-floor and second-floor strata commercial units in existing strip plazas along 144 Ave NW periodically come to market. These are popular with owner-occupiers such as dentists, physiotherapists, and insurance firms seeking to eliminate rent exposure.

What is the competitive supply situation for Nolan Hill retail?

Commercial zoning in Nolan Hill is tightly bounded, and the remaining land base is almost fully committed. This supply constraint, combined with continued residential growth in adjacent Carrington and Glacier Ridge, creates a favourable landlord-side dynamic with low vacancy and consistent rent growth.

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