Leduc East & Leduc Common Commercial Real Estate
Leduc's major power centre on QE2 / Highway 2. Leduc Common anchored by Costco, Canadian Tire and Walmart with national QSR chains, medical office and purpose-built rental multifamily. A regional retail destination serving the Edmonton CMA south.
Leduc East / Leduc Common — Market Overview
Leduc Common on QE2/Highway 2 is one of the Edmonton CMA's major power centres, drawing from a trade area that extends well beyond Leduc's 35,000 residents. Costco, Canadian Tire and Walmart anchors, combined with Highway 2's massive north-south traffic volumes, make this one of the highest-traffic commercial corridors in Alberta.
The Leduc East area also supports purpose-built rental multifamily, driven by Nisku Industrial Park's massive employment base and the Edmonton International Airport corridor. Cap rates of 4.75–5.5% for multifamily reflect the strength of the employment base and low vacancy.
Cap Rates & Market Data (2025)
| Asset Class | Submarket | Cap Rate | Notes |
|---|---|---|---|
| Retail — Power Centre | Leduc Common | 5.25–6.25% | Costco, Canadian Tire, Walmart anchored |
| Net Lease — QSR / Highway Pad | QE2 Corridor | 4.75–5.75% | National NNN, highway traffic |
| Multifamily — Purpose-Built Rental | Leduc East | 4.75–5.5% | Nisku workers, airport employees |
| Medical Office | Leduc East | 5.75–6.5% | Growing demand |
Why Invest in Leduc East / Leduc Common
Canada's busiest highway corridor retail exposure. Highway 2 between Edmonton and Calgary carries among the highest annual vehicle counts of any highway in Canada, delivering commercial exposure far beyond Leduc's resident population.
Nisku employment drives multifamily. One of Canada's largest industrial parks provides a structural, commodity-cycle-resistant employment base that supports persistently low multifamily vacancy in the Leduc East area.
Three major anchors in a single centre. Costco, Canadian Tire and Walmart in one power centre is a rare and defensively positioned retail investment in the Edmonton CMA south.
Leduc East / Leduc Common — Frequently Asked Questions
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Our advisors cover Leduc Common retail, QSR net lease, multifamily and medical office.
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