Three Hills is the commercial hub of Kneehill County in central Alberta, known for Prairie Bible Institute and a strong agricultural economy serving grain, cattle, and mixed farming communities.

Submarket	Asset Class	Vacancy	Net Rent	Cap Rate
Main Street / Downtown	Commercial	8–15%	$6–10/sf	9.5–12.0%
Hwy 21 Commercial	Commercial	8–15%	$6–10/sf	9.5–12.0%
Industrial Area	Commercial	8–15%	$6–10/sf	9.5–12.0%

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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

Three Hills Commercial Real Estate FAQ

Frequently Asked Questions — Three Hills

What are cap rates in Three Hills?

Three Hills 2025 cap rates: 9.5–12.0%. Contact Canada's Home Commercial for listings.

What drives Three Hills's economy?

Three Hills is the commercial hub of Kneehill County in central Alberta, known for Prairie Bible Institute and a strong agricultural economy serving grain, cattle, and mixed farming communities.

How do I find commercial space in Three Hills?

Ready to Find Commercial Space in Three Hills?

Industrial, office, retail or investment — our team covers every Three Hills submarket.

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Three Hills Neighbourhoods & Districts

1St Street Three Hills Acme Junction Carbon Corridor Downtown Three Hills East Three Hills Highway 21 Three Hills Highway 583 Corridor Industrial Three Hills Kneehill Commercial Linden Gateway Main Street Three Hills North Gateway Three Hills North Three Hills Prairie Bible Institute Area South Gateway Three Hills South Three Hills Three Hills Hospital Area Torrington Corridor Trochu Junction West Three Hills

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Three Hills Commercial Real Estate