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Assiniboia, Saskatchewan — Community Submarket

Assiniboia Industrial Area Commercial Real Estate

Grain handling, ranching supply, agri-equipment, cold storage and light manufacturing in southwest Saskatchewan.

$5–8Industrial Net Rent /sf
8.5–9.5%Cap Rate
5–10%Vacancy
Hwy 2Primary Access
Assiniboia Industrial Area — Key Areas
Grain Terminal Zone
Grain / Agri-Processing
Primary and inland grain terminals, pulse crop handling and fertilizer storage adjacent to rail access and Hwy 2.
$5–8Net Rent /sf
8.5–9.5%Cap Rate
5–8%Vacancy
Ranching & Livestock Supply
Livestock / Ranching Supply
Livestock equipment dealers, veterinary supply, branding and corralling equipment fabricators serving the Missouri Coteau ranching community.
$5–7Net Rent /sf
9.0–9.5%Cap Rate
6–12%Vacancy
Cold Storage & Light Manufacturing
Cold Storage / Manufacturing
Refrigerated storage for produce and meat, light fabrication shops, and agri-equipment repair facilities.
$6–9Net Rent /sf
8.5–9.5%Cap Rate
5–10%Vacancy
$5–8
Industrial Net Rent /sf
8.5–9.5%
Cap Rate
5–10%
Vacancy
Hwy 2
Primary Access

Assiniboia Industrial Area — Market Overview 2025

Assiniboia's industrial area anchors the southwest Saskatchewan agricultural supply chain. Grain terminals, livestock equipment fabricators, cold storage operators and light manufacturing occupy functional metal buildings and yard-heavy sites. Low occupancy costs and proximity to active ranching and grain country make this one of the most affordable industrial markets in the province.

Cap rates reflect the risk-adjusted opportunity of Saskatchewan's small-city markets — higher yields than major centres, with demand supported by local business, agriculture, and government tenants. Low land costs and provincial tax competitiveness support stable returns.

Property TypeLease RateCap RateVacancy
Industrial / Warehouse$5–8/sf net8.5–9.5%5–10%
Grain / Agri-Processing$5–8/sf net8.5–9.5%5–8%
Cold Storage$6–9/sf net8.5–9.5%5–10%
Agri-Equipment / Yard$4–7/sf net9.0–9.5%6–12%

Frequently Asked Questions — Assiniboia Industrial Area

What industrial space is available in Assiniboia?
Assiniboia industrial inventory includes grain handling facilities, cold storage units, agri-equipment repair bays, light manufacturing shops and open yard sites. Buildings typically range 2,000–20,000 sf with yard.
What are industrial cap rates in Assiniboia?
Industrial cap rates in Assiniboia range from 8.5–9.5% as of 2025, offering strong yield relative to larger Saskatchewan markets.
Is rail access available in the Assiniboia industrial area?
Some facilities have or previously had rail spur access. Highway 2 is the primary logistics corridor for most industrial occupants.
What industries operate in the Assiniboia industrial area?
Key industries include grain handling, pulse crop processing, fertilizer distribution, livestock equipment fabrication, veterinary supply, cold storage and light manufacturing.
What is the land cost for industrial sites in Assiniboia?
Industrial land in Assiniboia is among the most affordable in Saskatchewan, reflecting its small-city context and ample supply of undeveloped industrial land.

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