Keheewin Commercial Overview
Keheewin is a mature south Edmonton residential community situated in the Terwillegar Drive corridor near 23 Avenue SW and 111 Street SW. The community's commercial strip serves as a neighbourhood retail hub for Keheewin and the surrounding south Edmonton communities of Haddow, Hodgson, and Terwillegar, providing daily-needs retail, personal services, and professional office space to a well-established residential catchment. The commercial node reflects the broader south Edmonton pattern of community-scale retail at arterial intersections, positioned to capture traffic along 23 Avenue SW — a key east-west arterial in south Edmonton.
Keheewin's commercial character is neighbourhood-oriented, with a focus on convenience retail, food and beverage, health and wellness services, and professional offices. The area's proximity to the large Terwillegar Town Centre commercial node to the north means that Keheewin's commercial strip functions primarily as a convenience destination rather than a destination shopping node — a positioning that supports stable, low-turnover tenancies in personal service and professional categories that benefit from proximity to the residential base.
Key Commercial Corridors
The Keheewin commercial corridor is centred at the intersection of 23 Avenue SW and 111 Street SW, with strip plaza development extending along both arterials. The 23 Avenue SW corridor carries significant east-west traffic between the Terwillegar Drive interchange to the west and Gateway Boulevard to the east, providing the Keheewin commercial strip with good arterial exposure and traffic counts that support neighbourhood retail performance. Access to Whitemud Drive via Terwillegar Drive further broadens the area's catchment.
Secondary commercial uses along 111 Street SW between 19 Avenue SW and 28 Avenue SW serve the north-south residential movement between Keheewin and Haddow, providing additional street-level commercial presence in the neighbourhood. A small cluster of professional office buildings is located near the 23 Avenue and 111 Street intersection, serving medical, dental, and professional service tenants. The commercial node is relatively compact, making it well-suited to neighbourhood-scale commercial investors seeking stable, low-maintenance strip plaza assets.
Asset Classes
Neighbourhood Retail
Community strip plaza retail along 23 Avenue SW. Daily-needs convenience, food and beverage, personal care, and specialty retail. Retail NNN $18–$26/sf.
Medical / Professional Office
Purpose-built and second-floor professional office serving south Edmonton residents. Medical, dental, physiotherapy, and financial services well-represented.
Service Commercial
Personal services including hair, beauty, dry cleaning, and specialty fitness operators serving Keheewin and Haddow residential neighbourhoods.
QSR / Convenience
Quick-service restaurant and convenience retail pads at 23 Avenue SW and 111 Street intersection serving commuter and residential traffic.
Investment Drivers
Keheewin neighbourhood commercial assets appeal to investors seeking stabilized, income-producing strip plazas in a mature south Edmonton residential setting. The area's established residential base, solid household incomes from surrounding communities including Haddow and Hodgson, and limited new commercial supply within the immediate node support steady occupancy and modest rental rate growth. Strip plazas in the Keheewin area trade at cap rates consistent with south Edmonton neighbourhood commercial — typically 5.8 to 6.5% for well-occupied product.
South Edmonton's residential growth continues to drive incremental demand for neighbourhood commercial services, with the Terwillegar corridor anticipated to add population through ongoing infill and intensification. Medical and dental tenants represent particularly stable income streams in the Keheewin node, as healthcare services maintain consistent demand regardless of economic cycles. Long-term, the 23 Avenue SW corridor's role as a key south Edmonton east-west route supports the commercial strip's traffic-dependent retail tenancies.