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Carlyle, Saskatchewan — Community Submarket

Carlyle Industrial Commercial Real Estate

Carlyle Industrial Park — oilfield services, agri-supply, grain handling, cold storage and light manufacturing in southeast Saskatchewan oil country.

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$6–11Net Rent /sf
7.5–9.5%Cap Rate
7–14%Vacancy
Oilfield & AgEconomic Driver
Submarket Nodes
Carlyle Industrial — Key Areas
Oilfield Services & Equipment
Energy Industrial
Equipment yards, rental operations and oilfield service businesses supporting the Bakken and Mississippian oil formations of southeast Saskatchewan from the Carlyle industrial base.
$7–11Net Rent /sf
7.5–9.0%Cap Rate
7–13%Vacancy
Grain Handling & Agri-Supply
Grain / Agriculture
Grain terminal and agri-supply operations serving the productive agricultural zone of southeast Saskatchewan, with truck and short-line rail access.
$6–10Net Rent /sf
7.5–9.0%Cap Rate
8–14%Vacancy
Cold Storage & Light Manufacturing
Cold Chain / Manufacturing
Refrigerated warehousing and light manufacturing facilities serving regional food distribution, agri-processing and general industrial tenants.
$7–10Net Rent /sf
8.0–9.5%Cap Rate
8–15%Vacancy
$6–11
Net Rent /sf
7.5–9.5%
Cap Rate
7–14%
Vacancy
Oilfield & Ag
Economic Driver

Carlyle Industrial — Market Overview 2025

Carlyle's industrial park serves the dual demands of southeast Saskatchewan's oil patch and agricultural sector. Oilfield service companies, grain handlers and cold storage operators are the primary tenants, with light manufacturing adding diversity. The industrial area benefits from good highway access on Hwy 13.

Industrial properties in Carlyle offer strong yields relative to urban Saskatchewan markets. Oil-sector industrial leases tend to be longer term with strong covenant, while agri-supply and grain users provide counter-cyclical balance to energy market volatility.

Property TypeCap RateLease RateVacancy
Industrial7.0–9.5%$6–11/sf net7–14%
Retail6.5–8.5%$8–13/sf net8–14%
Multifamily6.0–7.5%Market Rate5–10%
Office7.5–9.5%$10–15/sf net7–13%

Nearby Saskatchewan Markets

weyburnRegional industrial centre, 90 km northwest. estevanEnergy capital industrial base, 70 km south. All SaskatchewanCommercial real estate across the province.
FAQ

Frequently Asked Questions — Carlyle Industrial

What industrial uses dominate the Carlyle industrial park?
Oilfield services, grain handling, agri-supply and cold storage are the primary uses, with light manufacturing adding diversity to the industrial tenant mix.
What are industrial cap rates in Carlyle?
Industrial cap rates range from 7.5–9.5% depending on building quality, tenant covenant and lease term. Oilfield service properties with long-term leases trade at the tighter end of the range.
Does Carlyle Industrial have rail access?
Short-line rail access is available in the Carlyle area for agricultural commodities. Highway Hwy 13 provides primary truck freight access for oilfield and industrial users.
Is cold storage available in the Carlyle industrial area?
Yes — refrigerated and temperature-controlled warehouse space is available, serving agri-processing, food distribution and cold-chain logistics tenants.
How does the oil sector affect industrial vacancy in Carlyle?
Oilfield service demand is cyclical, but Carlyle's mix of agricultural and oil-sector industrial tenants provides more stability than pure oilfield markets. Current conventional production supports steady industrial demand.

Explore Carlyle Industrial Commercial Listings

Retail, office, industrial or investment — our team covers Carlyle and every Saskatchewan submarket.

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