Highway 13 Corridor Camrose Commercial Real Estate
Camrose's main retail corridor on Highway 13 and 48 Street. Canadian Tire, grocery anchors, QSR chains, auto dealerships and medical office serving the city and regional trade area.
Highway 13 Corridor Camrose — Market Overview
The Highway 13 / 48 Street commercial corridor is Camrose's dominant retail destination, hosting the city's big-box anchors, national chain retail, QSR drive-throughs and auto dealerships. As Camrose's primary commercial artery, the corridor benefits from both city-resident traffic and significant regional highway traffic from the surrounding agricultural communities.
Retail cap rates of 6.0–7.0% and QSR net lease at 4.75–5.75% represent the secondary market premium available in a stable, well-functioning smaller city. Camrose functions as a regional service centre for central Alberta, extending the effective trade area well beyond the city's 20,000 population.
Cap Rates & Market Data (2025)
| Asset Class | Submarket | Cap Rate | Notes |
|---|---|---|---|
| Retail — Power Centre / Big-Box | Highway 13 Corridor | 6.0–7.0% | National anchors, regional draw |
| Retail — Strip Centre | Highway 13 Adjacent | 6.0–7.0% | Grocery-anchored, necessity retail |
| Net Lease — QSR / Drive-Through | Highway 13 Pads | 4.75–5.75% | National covenant, NNN |
| Auto Dealership | Camrose Auto Row | 5.5–6.5% | Regional vehicle market |
| Medical Office | Highway 13 Node | 6.0–7.0% | Regional healthcare centre |
Why Invest on Highway 13 Camrose
Regional trade area extends beyond Camrose. As central Alberta's primary service centre, Camrose's Highway 13 retailers draw from a regional trade area far larger than the city's 20,000 population, providing commercial resilience.
Secondary market yield premium. Cap rates of 6.0–7.0% on stable national-tenant retail provide meaningful yield above major Alberta urban markets for investors comfortable with secondary market ownership.
Highway traffic advantage. Highway 13 carries significant regional traffic as a key east-west central Alberta route, delivering commercial exposure to travellers beyond the Camrose residential base.
Highway 13 Corridor Camrose — Frequently Asked Questions
What retail is on Highway 13 in Camrose?
What are cap rates on Highway 13 Camrose?
Is Camrose a good commercial investment market?
How do I invest on Highway 13 Camrose?
Interested in Highway 13 Camrose?
Our advisors cover Camrose commercial — power centre retail, QSR net lease and medical office.
Talk to a Broker