Picture Butte is a small town near Lethbridge anchored by Canola industry and the Lantic Sugar beet processing area. The town serves agricultural communities north of Lethbridge.

Submarket	Asset Class	Vacancy	Net Rent	Cap Rate
Main Street	Commercial	8–15%	$6–10/sf	9.0–11.0%
Hwy 25 Commercial	Commercial	8–15%	$6–10/sf	9.0–11.0%
Industrial Area	Commercial	8–15%	$6–10/sf	9.0–11.0%

Other Alberta Markets

Lethbridge

20km south.

Coaldale

15km SE.

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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

Picture Butte Commercial Real Estate FAQ

Frequently Asked Questions — Picture Butte

What are cap rates in Picture Butte?

Picture Butte 2025 cap rates: 9.0–11.0%. No provincial income tax in Alberta. Contact Canada's Home Commercial for listings.

What drives Picture Butte's economy?

Picture Butte is a small town near Lethbridge anchored by Canola industry and the Lantic Sugar beet processing area. The town serves agricultural communities north of Lethbridge.

How do I find commercial space in Picture Butte?

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Picture Butte Neighbourhoods & Districts

Downtown Picture Butte Highway 25 Picture Butte Industrial Picture Butte Lethbridge North Gateway North Picture Butte Picture Butte Main Street South Picture Butte Taber Corridor

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