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Whitecourt — Forestry and Oil — Athabasca River Hub of Northwest Alberta

Whitecourt Commercial Real Estate

Commercial real estate for lease and sale in Whitecourt, Alberta. Whitecourt is a northwest Alberta city at the junction of Highways 43 and 32, anchored by Millar Western's bleached kraf

$10–14Industrial Net Rent /sf
8.5–10.5%Cap Rate
0%Provincial Income Tax
175kmSW to Edmonton
Whitecourt Submarkets
Millar Western / Pulp Mill
Commercial Node
Bleached kraft pulp. Largest employer.
$10–14/sfNet Rent / Cap
WhitecourtKey Feature
CommercialPrimary Use
Oil Services Industrial
Commercial Node
Oil and gas services, pipe yards, SAGD support.
$10–14/sfNet Rent / Cap
WhitecourtKey Feature
CommercialPrimary Use
52nd Avenue / Downtown
Commercial Node
Main commercial. Forestry heritage retail.
$10–14/sfNet Rent / Cap
WhitecourtKey Feature
CommercialPrimary Use
Hwy 43 Commercial
Commercial Node
Auto dealers, hotels, big-box.
$10–14/sfNet Rent / Cap
WhitecourtKey Feature
CommercialPrimary Use
South Commercial
Commercial Node
Grocery, medical, residential retail.
$10–14/sfNet Rent / Cap
WhitecourtKey Feature
CommercialPrimary Use
$10–14
Industrial Net Rent /sf
8.5–10.5%
Cap Rate
0%
Provincial Income Tax
175km
SW to Edmonton

Whitecourt Commercial Real Estate — Market Overview 2025

Whitecourt is a northwest Alberta city at the junction of Highways 43 and 32, anchored by Millar Western's bleached kraft pulp mill and significant oil and gas services. The Whitecourt forest sector is one of Alberta's largest, with spruce and pine timber driving a major value-added forestry industry.

SubmarketAsset ClassVacancyNet RentCap Rate
Millar Western / Pulp MillCommercial8–14%$10–14/sf8.5–10.5%
Oil Services IndustrialCommercial8–14%$10–14/sf8.5–10.5%
52nd Avenue / DowntownCommercial8–14%$10–14/sf8.5–10.5%
Hwy 43 CommercialCommercial8–14%$10–14/sf8.5–10.5%
South CommercialCommercial8–14%$10–14/sf8.5–10.5%
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

Frequently Asked Questions — Whitecourt

What are cap rates in Whitecourt?
Whitecourt 2025 cap rates range 8.5–10.5%. No provincial income tax. Contact Canada's Home Commercial for listings.
What drives Whitecourt's economy?
Whitecourt is a northwest Alberta city at the junction of Highways 43 and 32, anchored by Millar Western's bleached kraft pulp mill and significant oil and gas services. The Whitecourt forest sector i
How do I find commercial space in Whitecourt?
Contact Canada's Home Commercial via our contact form, or call 780-545-5955.

Ready to Find Commercial Space in Whitecourt?

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Whitecourt Neighbourhoods & Districts

Central Whitecourt Commercial Downtown Whitecourt Hwy32 Commercial Industrial Whitecourt North Whitecourt Commercial South Whitecourt Commercial 48 Street Whitecourt 51 Avenue Corridor Athabasca Gateway Blue Ridge Junction East Whitecourt Fox Creek Corridor Highway 32 Corridor Highway 43 Whitecourt Mcleod River Commercial North Gateway Whitecourt North Whitecourt South Industrial Whitecourt South Whitecourt Town Centre Whitecourt West Whitecourt Whitecourt Airport Area Whitecourt Main Street Woodlands Commercial 48 Street East 51 Avenue East Airport East Wc Athabasca East Wc Blue Ridge East Highway 32 East Highway 43 East Wc Mcleod East Whitecourt East Ext Whitecourt North Ext Whitecourt South Ext Woodlands East
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