Leduc — 50 Street · Alexandra Ave · Historic Core · Edmonton Airport South Suburb

Downtown Leduc Commercial Real Estate

Q: What commercial real estate is in Downtown Leduc?

Downtown Leduc offers heritage retail on 50 Street and Alexandra Avenue, professional office, restaurants, personal services and multifamily in Leduc's historic core south of Edmonton.

Q: What are cap rates in Downtown Leduc?

Retail cap rates are 5.25–6.25% and multifamily is 4.75–5.5% in Downtown Leduc in 2025.

Q: What is the mill rate in Leduc?

Leduc's non-residential mill rate is approximately $14.50 per $1,000 of assessed value in 2025.

Leduc's historic downtown core on 50 Street and Alexandra Avenue. Heritage commercial, restaurants, professional services and multifamily investment. Strategic position between Edmonton and the Edmonton International Airport corridor.

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5.25–6.25%Retail Cap Rate

4.75–5.5%Multifamily Cap Rate

~$14.50Mill Rate (per $1,000)

~35,000City Population

Property Types

What's Available in Downtown Leduc

Retail

Heritage · Street front

50 St · Alexandra · Restaurants

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Office

Professional · Medical

Downtown core

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Multifamily

Walk-up · Mixed-use

Downtown heritage area

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Retail

Cap rate 5.25–6.25%

Heritage retail

View Retail for Sale →

Multifamily

Cap rate 4.75–5.5%

Walk-up · Mixed-use

View Multifamily for Sale →

Downtown Leduc Submarkets

Key Areas in Downtown Leduc

50 Street Heritage Retail

Historic Commercial · Restaurants

RetailOffice

Leduc's 50 Street is the historic main commercial corridor with heritage character buildings accommodating restaurants, personal services and independent retail. The city's original commercial artery retains its role as the community gathering place for Leduc residents.

5.25–6.25%Retail Cap Rate

HeritageCharacter

Alexandra Avenue Node

Professional · Civic · Mixed-Use

OfficeRetail

Alexandra Avenue provides professional office and civic-adjacent commercial supporting Leduc's established business community. Law, accounting, financial services and medical practitioners serving the city's 35,000+ population.

ProfessionalServices

CivicAdjacent

Professional Office

Medical · Legal · Financial

Office

Professional services in Leduc's downtown have a stable, long-established tenant base. The city's position as a regional service centre for Leduc County and the Nisku industrial corridor drives consistent professional services demand.

RegionalService Centre

NiskuIndustrial Proximity

Downtown Multifamily

Walk-Up · Mixed-Use

MultifamilyMixeduse

Walk-up apartments and mixed-use buildings in and around downtown Leduc. Strong rental demand driven by Nisku Industrial Park workers, airport corridor employees and Edmonton south commuters. Cap rates of 4.75–5.5% reflect Edmonton-adjacent market fundamentals.

4.75–5.5%Multifamily Cap Rate

Airport CorridorWorker Demand

Airport & Nisku Proximity

YEG · EIA Corridor · Nisku

OfficeRetail

Leduc's proximity to Edmonton International Airport (YEG) and the massive Nisku Industrial Park creates a unique commercial dynamic. Airport-related hospitality, professional services and industrial supply chain businesses use Downtown Leduc as their base.

YEGAirport Adjacent

NiskuIndustrial Corridor

Downtown Infill

Mixed-Use · Redevelopment

MixeduseMultifamily

Infill and redevelopment sites in Leduc's downtown area plan. The city supports mixed-use intensification in the historic core. Growing workforce population from the Nisku and airport corridor supports multifamily development viability.

InfillSupported

WorkforceDemand

5.25–6.25%

Retail Cap Rate

4.75–5.5%

Multifamily Cap Rate

~$14.50

Mill Rate per $1,000

Provincial Income Tax

Downtown Leduc — Market Overview

Downtown Leduc is the historic commercial core of a strategically positioned city between Edmonton and Edmonton International Airport. As the gateway community to one of Canada's busiest airports and the massive Nisku Industrial Park, Leduc's downtown benefits from a diverse demand base that includes Nisku workers, airport corridor employees, and Edmonton south commuters choosing Leduc for its lower cost of living and small-city character.

Retail cap rates of 5.25–6.25% and multifamily caps of 4.75–5.5% reflect an Edmonton-adjacent market with strong employment fundamentals. Leduc's mill rate of approximately $14.50 per $1,000 is competitive with other Edmonton CMA communities.

Cap Rates & Market Data (2025)

Asset Class	Submarket	Cap Rate	Notes
Retail — Heritage Street Front	50 St / Alexandra	5.25–6.25%	Restaurants, services, independent retail
Office — Professional	Downtown Core	6.0–7.0%	Law, medical, financial
Multifamily	Downtown Leduc	4.75–5.5%	Nisku/airport worker demand, low vacancy

Why Invest in Downtown Leduc

Nisku and airport corridor demand. Leduc's position adjacent to Nisku Industrial Park and Edmonton International Airport creates consistent commercial and multifamily demand from workers and businesses in Canada's largest industrial park.

Edmonton-adjacent fundamentals. Multifamily cap rates of 4.75–5.5% reflect Edmonton-adjacent market strength, with low vacancy driven by the diverse employment base in the Nisku/airport corridor.

Downtown Leduc — Frequently Asked Questions

What commercial real estate is in Downtown Leduc?

Heritage retail on 50 Street and Alexandra Avenue, professional office, restaurants and multifamily.

What are cap rates in Downtown Leduc?

Retail 5.25–6.25%, multifamily 4.75–5.5% in 2025.

What is the mill rate in Leduc?

Approximately $14.50 per $1,000 in 2025.

How do I invest in Downtown Leduc?

Contact Canada's Home Commercial via our contact form, or call 780-545-5955.

Interested in Downtown Leduc?

Our advisors cover Leduc commercial — downtown retail, office and multifamily investment.

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