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Rutherford Commercial Real Estate

Edmonton's Rutherford — a growing south suburban commercial node at 23 Avenue and 111 Street SW, anchored by neighbourhood retail and driven by one of Edmonton's fastest-growing residential catchments.

$22–$32
Avg Retail Net Rent (PSF)
5.75%
Avg Cap Rate
Low
Commercial Vacancy
$40–$70
Land (PSF)

Commercial Market Overview

Rutherford is a rapidly developing south Edmonton community whose commercial node at 23 Avenue SW and 111 Street SW serves as a primary retail and professional services hub for one of Edmonton's most active residential growth corridors. The community's commercial fabric features modern neighbourhood retail centres, medical and dental office buildings and lifestyle-oriented commercial uses that reflect the high household income and young family demographics of the surrounding communities of Rutherford, Magrath Heights, Allard and Callaghan. Commercial development here has kept pace with — though not always ahead of — residential absorption, creating persistent demand for quality retail and office space.

The area benefits from proximity to Anthony Henday Drive via 111 Street and 23 Avenue, which provides convenient access to the broader south Edmonton commercial ecosystem including South Edmonton Common. Investors drawn to south Edmonton commercial typically cite population growth, high income demographics and the scarcity of quality neighbourhood commercial supply as the primary investment drivers.

Key Commercial Corridors

The 23 Avenue SW corridor between 111 Street and 119 Street is the primary commercial spine in Rutherford, featuring the Rutherford Market Square anchored by a Sobeys grocery store, alongside national pharmacy, food service and personal service retailers. The 111 Street SW north-south corridor provides secondary commercial access, linking Rutherford to the Chappelle and Allard communities to the south. Professional medical office buildings cluster near the Rutherford Market Square intersection.

Industrial
Industrial uses are not present in Rutherford's residential commercial node. Light commercial service bays within mixed-use commercial buildings accommodate automotive detailing, specialty fitness and personal services that require higher bay clearances than standard retail units.
Retail
Modern grocery-anchored retail is the cornerstone of Rutherford's commercial market. Rutherford Market Square and satellite strip plazas achieve net rents of $24–$34 PSF for inline units and $30–$42 PSF for QSR pad sites. National food, pharmacy, childcare and personal service tenants dominate the tenant mix.
Office
Medical and professional office serving south Edmonton's growing family population. Dental, paediatrics, optometry, physiotherapy, chiropractic and general medical suites of 1,000–4,000 sf net at $24–$32 PSF. Structural undersupply of south Edmonton medical office supports high occupancy and strong owner-user demand.
Land
Remaining commercial development land in Rutherford is priced at $40–$70 PSF for NC and DC-zoned sites. Competition from national grocers, pharmacies and medical operators keeps demand high for shovel-ready commercial land. Developers with existing land positions can achieve compelling yields on build-to-suit projects.

Investment Drivers

Rutherford's commercial investment case is built on Edmonton's south growth corridor — one of Canada's fastest-growing suburban development areas. The community's demographic profile (young families, dual-income households, above-average incomes) supports high retail spending, strong medical and childcare demand, and consistent absorption of new commercial space. The Anthony Henday Drive interchange at 111 Street provides regional connectivity that extends the trade area beyond Rutherford to Callaghan, Allard and the Heritage Valley communities. Commercial supply in south Edmonton has historically lagged residential development, creating persistent occupier demand that supports above-average rent growth.

Development Pipeline

The Rutherford commercial node has several projects in active development: a new 15,000 sf medical office building is under construction on 23 Avenue SW, and two strip plaza expansions are adding approximately 18,000 sf of additional retail GLA to the Rutherford Market Square node. The Chappelle and Allard residential communities to the south continue to grow, adding 800–1,200 housing units annually and expanding the trade area population that relies on Rutherford's commercial amenities.

Frequently Asked Questions

What commercial property types are available in Rutherford?

Rutherford offers modern grocery-anchored neighbourhood retail centres, medical and professional office buildings, lifestyle service commercial uses and limited shovel-ready development sites. The market is defined by high-quality, modern commercial product serving an affluent young-family residential catchment.

What are typical commercial lease rates in Rutherford Edmonton?

Inline retail net rents range from $22–$32 PSF; QSR pads achieve $30–$42 PSF. Medical office nets $24–$32 PSF. Additional rent adds $12–$18 PSF. Low vacancy and high tenant demand support rents at the top of south Edmonton suburban ranges. Contact Canada's Home Commercial for current market-level data.

Is Rutherford a good area for commercial investment?

Yes — Rutherford is one of south Edmonton's most compelling commercial investment markets, combining low vacancy, premium rents and a rapidly growing residential catchment. Cap rates of 5.5–6.0% for anchored retail centres are competitive with other premium suburban nodes, and the ongoing residential development in Chappelle, Allard and Callaghan continues to expand the trade area population driving commercial demand.

How does Rutherford compare to other Edmonton commercial areas?

Rutherford offers a newer commercial product profile and faster trade area population growth than the more established Terwillegar node, but slightly higher initial vacancy risk as new supply is delivered ahead of full residential absorption. Compared to Chappelle, Rutherford has a more mature commercial ecosystem with established anchor tenants. It is well-positioned between the fully mature Terwillegar market and the still-emerging Chappelle node.

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