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Hodgson Commercial Real Estate

Established south Edmonton neighbourhood with stable neighbourhood retail, essential service commercial, and affordable professional office opportunities within easy reach of Gateway Boulevard and 23 Avenue.

$25
Avg Retail NNN (psf)
5.5%
Commercial Vacancy
$20
Avg Office Rate (psf)
S Edmonton
Quadrant

Hodgson Overview

Hodgson is a mature residential neighbourhood in south Edmonton, situated between 111 Street SW and Gateway Boulevard (Highway 2), with 23 Avenue SW forming its northern boundary. The neighbourhood's established residential base and family-oriented demographics create consistent demand for convenience retail, healthcare services, and professional office space.

Commercial properties in Hodgson serve a well-defined local catchment with relatively low competition from nearby large-format retail, making neighbourhood plazas in the area reliable performers for investor-owners. The proximity to South Edmonton Common — one of Alberta's largest open-air retail centres — provides a complementary rather than competitive dynamic, with Hodgson commercial nodes filling the daily-needs gaps left by big-box retail destinations.

Key Commercial Corridors

The primary commercial activity in Hodgson clusters along 111 Street SW between 23 Avenue and Hodgson Drive, where neighbourhood strip plazas serve daily shopping needs including convenience grocery, pharmacy, personal care, and food service. Gateway Boulevard on the eastern edge of the neighbourhood provides access to larger commercial nodes and south Edmonton's arterial network.

Healthcare and professional office uses are concentrated near the 111 Street and 23 Avenue intersection, benefiting from high residential traffic and proximity to the regional road network. This sub-node serves as an important community hub for south Edmonton residents who prefer local professional services over driving to suburban power centres.

Asset Classes

Neighbourhood Retail

Strip plazas and convenience centres serving daily grocery, pharmacy, and personal service needs for south Edmonton families.

Healthcare Office

Medical, dental, and allied health suites serving the residential catchment with essential primary and specialist care services.

Professional Services

Small office suites for accountants, financial advisors, insurance brokers, and legal professionals serving the community.

Childcare & Fitness

Standalone and plaza-based childcare, martial arts, and fitness facilities serving Hodgson's active family community.

Investment Drivers

Hodgson's stable, owner-occupied residential character produces a reliable consumer base with low turnover and predictable spending patterns. Commercial assets in the neighbourhood benefit from strong tenant retention — healthcare and personal service providers who establish local practices rarely relocate, delivering investors long lease terms and minimal re-leasing costs.

Gateway Boulevard's function as a major south Edmonton arterial and Gateway to Highway 2 means that Hodgson commercial properties benefit from both local and pass-through traffic. This arterial exposure elevates the trade area for pad sites and plazas with direct Gateway Boulevard frontage, supporting higher rents and valuations.

Development Pipeline

Commercial development in Hodgson is largely built out, with new supply opportunities limited to minor infill or redevelopment of older plaza buildings. Renovation and repositioning of existing 1980s and 1990s-era strip plazas represents the primary near-term commercial activity in the neighbourhood, with investors targeting value-add plays through improved tenant mix and building upgrades.

Hodgson Commercial Real Estate — FAQ

What commercial real estate is available in Hodgson, Edmonton?

Hodgson offers neighbourhood retail, personal service commercial, and small professional office properties catering to south Edmonton's residential catchment. The area's established community character and family demographics support stable convenience and healthcare-oriented commercial tenants.

What are commercial lease rates in Hodgson?

Retail space in Hodgson neighbourhood plazas typically leases from $22–$30 per sq ft NNN. Small office and medical suites in the area range from $17–$24 per sq ft, making it a cost-effective option for south Edmonton service providers.

Is Hodgson well-connected for commercial tenants?

Yes. Hodgson benefits from proximity to 23 Avenue SW, Gateway Boulevard, and the south Edmonton arterial network, providing good regional accessibility for both customers and commercial operators. The area sits within the broader south Edmonton retail catchment that includes South Edmonton Common and Whitemud Crossing.

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