Slave Lake — Gateway to Alberta's Northern Forests — Lesser Slave Lake Hub
Slave Lake Commercial Real Estate
Commercial real estate for lease and sale in Slave Lake, Alberta. Slave Lake is a northwest Alberta city on the south shore of Lesser Slave Lake, rebuilt after a devastating 2011 wildfir
$9–13Industrial Net Rent /sf
9.5–11.5%Cap Rate
0%Provincial Income Tax
250kmNW to Edmonton
Property Types
Explore by Property Type
Browse by Area
Slave Lake Submarkets
Industrial Park / Tolko Mill
Commercial Node
Tolko sawmill, forestry industrial.
$9–13/sfNet Rent / Cap
Slave LakeKey Feature
CommercialPrimary Use
Main Street / Downtown
Commercial Node
Post-fire rebuild commercial. Local retail.
$9–13/sfNet Rent / Cap
Slave LakeKey Feature
CommercialPrimary Use
Hwy 2 Commercial
Commercial Node
Auto dealers, big-box, hotels.
$9–13/sfNet Rent / Cap
Slave LakeKey Feature
CommercialPrimary Use
East Commercial
Commercial Node
Grocery, medical, services.
$9–13/sfNet Rent / Cap
Slave LakeKey Feature
CommercialPrimary Use
Oil Services Area
Commercial Node
Northern oil and gas support services.
$9–13/sfNet Rent / Cap
Slave LakeKey Feature
CommercialPrimary Use
$9–13
Industrial Net Rent /sf
9.5–11.5%
Cap Rate
0%
Provincial Income Tax
250km
NW to Edmonton
Slave Lake Commercial Real Estate — Market Overview 2025
Slave Lake is a northwest Alberta city on the south shore of Lesser Slave Lake, rebuilt after a devastating 2011 wildfire that destroyed 40% of the town. The city anchors forestry operations including Tolko Industries, oil and gas exploration, and serves as a supply hub for the Peace Country and northern Alberta.
| Submarket | Asset Class | Vacancy | Net Rent | Cap Rate |
|---|---|---|---|---|
| Industrial Park / Tolko Mill | Commercial | 8–14% | $9–13/sf | 9.5–11.5% |
| Main Street / Downtown | Commercial | 8–14% | $9–13/sf | 9.5–11.5% |
| Hwy 2 Commercial | Commercial | 8–14% | $9–13/sf | 9.5–11.5% |
| East Commercial | Commercial | 8–14% | $9–13/sf | 9.5–11.5% |
| Oil Services Area | Commercial | 8–14% | $9–13/sf | 9.5–11.5% |
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
Slave Lake Commercial Real Estate FAQ
Frequently Asked Questions — Slave Lake
What are cap rates in Slave Lake?
Slave Lake 2025 cap rates range 9.5–11.5%. No provincial income tax. Contact Canada's Home Commercial for listings.
What drives Slave Lake's economy?
Slave Lake is a northwest Alberta city on the south shore of Lesser Slave Lake, rebuilt after a devastating 2011 wildfire that destroyed 40% of the town. The city anchors forestry operations including
How do I find commercial space in Slave Lake?
Contact Canada's Home Commercial via our contact form, or call 780-545-5955.
Ready to Find Commercial Space in Slave Lake?
Industrial, office, retail or investment — our team covers every Slave Lake submarket.
Slave Lake Neighbourhoods & Districts
Downtown Slave Lake
East Slave Lake Commercial
Hwy2 Slave Commercial
Industrial Slave Lake
North Slave Lake Commercial
4Th Avenue Slave Lake
East Slave Lake
Highway 2 Slave Lake
Highway 88 Corridor
Lesser Slave Lake Commercial
Main Street Slave Lake
North Gateway Slave
North Slave Lake
Slave Lake Airport
South Gateway Slave
South Slave Lake
Swan Hills Corridor
West Slave Lake