Milk River is the southernmost town in Canada on the US border, named for the milky colour of its river. The area is known for Writing-on-Stone Provincial Park petroglyphs and significant cattle ranching.

Submarket	Asset Class	Vacancy	Net Rent	Cap Rate
Main Street	Commercial	8–15%	$6–10/sf	10.5–12.5%
Hwy 4 Commercial	Commercial	8–15%	$6–10/sf	10.5–12.5%
Industrial Area	Commercial	8–15%	$6–10/sf	10.5–12.5%

Other Alberta Markets

Lethbridge

85km north.

Cardston

60km NW.

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Further Reading → Alberta Commercial Real Estate Cap Rates 2025 → Alberta Has No Provincial Income Tax — What It Means for Investors → Why Investors Are Moving to Alberta

Milk River Commercial Real Estate FAQ

Frequently Asked Questions — Milk River

What are cap rates in Milk River?

Milk River 2025 cap rates: 10.5–12.5%. No provincial income tax in Alberta. Contact Canada's Home Commercial for listings.

What drives Milk River's economy?

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Milk River Neighbourhoods & Districts

Coutts Gateway Downtown Milk River Highway 4 Milk River Industrial Milk River Lethbridge South Corridor Milk River Main Street North Milk River South Milk River

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