Central Alberta Service Hub — Augustana University, Hwy 13 & 26 Junction
Camrose Commercial Real Estate
Industrial, office and retail for lease and sale across Camrose's North Industrial, Highway 13 commercial corridor, downtown and Stoney Creek retail areas. Regional service hub for east-central Alberta.
$10–14Industrial Net Rent /sf
7.5–9.0%Industrial Cap Rate
0%Provincial Income Tax
AugustanaU of A Campus Anchor
Property Types
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Camrose Submarkets
North Industrial
Primary Industrial Node
Camrose's main industrial area north of the downtown core. Agricultural equipment dealers, construction supply, oilfield service and warehouse distribution for the east-central Alberta trade area. CN Rail adjacent for commodity shipping.
$10–14/sfNet Rent / Cap
CN RailKey Feature
IndustrialPrimary Use
Highway 13 Commercial
Primary Retail Corridor
East-west commercial strip along Highway 13 serving as the primary entry point from Edmonton to Camrose. National retailers, QSR, automotive and travel services. Strong pull from the regional trade area including surrounding agricultural communities.
$14–22/sfNet Rent / Cap
Hwy 13Key Feature
RetailPrimary Use
Downtown Camrose
Office & Heritage Retail
Historic downtown with strong architectural character. Professional services, government offices and specialty retail. University of Alberta Augustana Campus creates consistent pedestrian traffic and demand for food service and personal care retail.
$10–16/sfNet Rent / Cap
Heritage CoreKey Feature
Office/RetailPrimary Use
Stoney Creek
Suburban Retail Hub
Modern suburban retail node with grocery anchor, national QSR and service retail. Serves Camrose's growing residential areas on the city's south and west sides. Best new retail supply opportunity in the market.
$14–20/sfNet Rent / Cap
Grocery AnchoredKey Feature
RetailPrimary Use
Augustana / University Area
Education & Medical
University of Alberta Augustana Campus anchors academic demand. Student-serving retail, medical offices and professional services in the university vicinity. Consistent non-cyclical demand from the academic calendar.
$12–18/sfNet Rent / Cap
U of A AugustanaKey Feature
Education/MedicalPrimary Use
South Commercial
Highway 21 Corridor
Highway 21 south commercial strip serving agricultural users and connecting to the Battle River region. Farm supply, equipment dealers and agricultural processing users. Seasonal demand peaks around planting and harvest.
$10–14/sfNet Rent / Cap
AgriculturalKey Feature
CommercialPrimary Use
All Camrose Communities
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Highway 13 Corridor
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Hwy 13 East Corridor
Mirror Lake
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Hwy13 North Commercial
Lakeside Commercial Camrose
Mirror Lake East
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Stoney Creek Commercial
University Camrose East
West Camrose East
48 Avenue Camrose
56 Street Camrose
Augustana University Area
Bawlf Junction
Bittern Lake Gateway
Camrose East Commercial
Camrose North Corridor
Camrose South Corridor
Camrose West Commercial
Daysland Corridor
Highway 13 Camrose
Highway 21 Corridor
Mirror Lake Commercial
Northeast Camrose
Northwest Camrose
Ryley Commercial
Southeast Camrose
Southwest Camrose
Stettler Highway Camrose
Tofield Junction
7.5–9.0%
Industrial Cap Rate
6.5–7.5%
Multifamily Cap Rate
0%
Provincial Income Tax
100km
SE of Edmonton
Camrose Commercial Real Estate — Market Overview 2025
Camrose is the regional service centre for east-central Alberta, positioned at the junction of Highways 13 and 26 with CN Rail access. The University of Alberta Augustana Campus provides an academic anchor that insulates the commercial market from pure oil price cyclicality. Agricultural, oilfield service and regional trade area demand create a diversified commercial base for a city of its size.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| North Industrial | Industrial | 6–10% | $10–14/sf | 7.5–9.0% |
| Hwy 13 | Retail | 5–8% | $14–22/sf net | 7.5–9.0% |
| Downtown | Office/Retail | 8–14% | $10–16/sf gross | 8.5–10.0% |
| Stoney Creek | Retail | 5–8% | $14–20/sf net | 7.5–9.0% |
| Augustana Area | Education/Medical | 5–8% | $12–18/sf gross | 8.0–9.5% |
| City-Wide | Multifamily | 4–7% | — | 6.5–7.5% |
Further Reading
→ Alberta Commercial Real Estate Cap Rates 2025
→ Alberta Has No Provincial Income Tax — What It Means for Investors
→ Why Investors Are Moving to Alberta
Camrose Commercial Real Estate FAQ
Frequently Asked Questions — Camrose
What are cap rates in Camrose commercial real estate?
Camrose 2025 cap rates: industrial 7.5–9.0%, retail 7.5–9.0%, multifamily 6.5–7.5%. High cap rates for investors seeking yield from a stable east-central Alberta service centre. The University of Alberta Augustana Campus provides a non-cyclical institutional anchor.
What drives Camrose's commercial real estate market?
Camrose serves as the regional service hub for east-central Alberta, drawing trade from surrounding agricultural communities. The University of Alberta Augustana Campus (about 1,000 students) anchors downtown demand. Oil and gas service companies working the Leduc-Woodbend and Battle River areas use Camrose as a logistics base.
How do I find commercial space in Camrose?
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