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Carlyle, Saskatchewan — Community Submarket

Hwy 13 Commercial Carlyle Commercial Real Estate

Highway 13 oil services strip with oilfield equipment dealers, auto dealers, QSR, fuel and gateway commercial for southeast Saskatchewan's oil country.

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$9–14Net Rent /sf
7.0–8.5%Cap Rate
6–12%Vacancy
Oil Services / Hwy 13Economic Driver
Submarket Nodes
Hwy 13 Commercial Carlyle — Key Areas
Oilfield Equipment & Services
Energy / Industrial Commercial
Oilfield equipment dealers, rental yards and energy service company facilities lining Hwy 13 at Carlyle — the primary commercial gateway for southeast Saskatchewan's conventional oil patch.
$9–14Net Rent /sf
7.0–8.5%Cap Rate
6–12%Vacancy
Auto Dealers & Fuel
Automotive / Fuel
New and used vehicle dealerships and major fuel stops serving both the local oil-community workforce and highway through-traffic on Hwy 13 connecting Weyburn to the Manitoba border.
$9–13Net Rent /sf
6.5–8.0%Cap Rate
6–12%Vacancy
QSR & Highway Retail
Quick Service / Strip Retail
Fast food, convenience retail and building supply catering to highway traffic and the working population of the southeast oil patch.
$8–12Net Rent /sf
7.0–8.5%Cap Rate
7–13%Vacancy
$9–14
Net Rent /sf
7.0–8.5%
Cap Rate
6–12%
Vacancy
Oil Services / Hwy 13
Economic Driver

Hwy 13 Commercial Carlyle — Market Overview 2025

The Hwy 13 commercial corridor in Carlyle is shaped by the southeast Saskatchewan oil economy. Oilfield equipment, auto, fuel and QSR dominate the strip, serving both local residents and oil-patch workers. National tenant QSR and fuel provide reliable income anchors alongside energy-sector commercial uses.

Highway commercial cap rates in Carlyle reflect both the income reliability of energy-sector demand and the small-market liquidity discount. Properties with long-term national tenant covenants or oilfield service leases trade at the tighter end of the 7.0–8.5% range.

Property TypeCap RateLease RateVacancy
Retail / QSR6.5–8.5%$9–14/sf net6–12%
Auto / Equipment7.0–9.0%$8–12/sf net6–12%
Fuel / Convenience6.5–8.0%$9–14/sf net5–10%
Industrial7.0–9.5%$7–10/sf net8–14%

Nearby Saskatchewan Markets

weyburnOil city regional centre, 90 km northwest. estevanSoutheast SK energy hub, 70 km south. All SaskatchewanCommercial real estate across the province.
FAQ

Frequently Asked Questions — Hwy 13 Commercial Carlyle

What anchors the Hwy 13 commercial strip in Carlyle?
Oilfield equipment dealers, fuel stations and QSR are the primary anchors, with auto dealerships and building supply rounding out the strip. Energy-sector demand drives above-average commercial activity for a city of Carlyle's size.
What are cap rates on Hwy 13 commercial properties in Carlyle?
Cap rates range from 7.0–8.5% for highway commercial properties, with fuel and QSR properties with national tenant covenants at the lower end of the range.
How does oil price volatility affect Hwy 13 commercial real estate?
Carlyle's Hwy 13 commercial is more resilient than pure oil-patch markets due to the mix of national retail tenants, government and tourism demand alongside energy-sector commercial.
Are there development sites on Hwy 13 in Carlyle?
Yes — highway commercial land is available at competitive southeast Saskatchewan pricing with municipal servicing in place for most highway commercial uses.
What is the outlook for Hwy 13 commercial in Carlyle?
Steady conventional oil production, growing Kenosee Lake tourism and modest population growth support a stable to improving outlook for Hwy 13 commercial over the medium term.

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