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Fairways North Commercial Real Estate

Emerging suburban commercial in northwest Regina's Fairways West community near Rochdale Boulevard and Westhill Drive — neighbourhood retail, medical office and professional services serving Regina's fastest-growing residential quadrant.

$20–30
Retail NNN /sf
$22–30
Medical Office /sf
7.0–8.5%
Suburban Cap Rate
Rochdale Blvd
Primary Corridor

Fairways North Overview

Fairways North encompasses the northern portion of Regina's Fairways West master-planned community in the northwest quadrant of the city. Anchored by Rochdale Boulevard — the primary commercial arterial through northwest Regina — and Westhill Drive, this emerging commercial area is at the leading edge of the city's residential expansion, with substantial new residential growth in Fairways West and adjacent communities creating an expanding consumer base that is driving demand for neighbourhood-serving retail, medical office, professional services, and convenience commercial.

The commercial opportunity in Fairways North mirrors the developmental trajectory of other successful Regina suburban commercial nodes. As rooftop density increases and the residential community matures, the commercial component transitions from speculative to proven, attracting national franchise tenants and professional office users seeking proximity to the growing northwest residential market. Infrastructure investment — new roads, utilities, and transit — is advancing in the corridor as part of the city's northwest growth plan, providing the foundational support for sustained commercial development over the next decade.

Key Commercial Corridors

Rochdale Boulevard is the primary commercial arterial serving the northwest Regina residential communities, including Fairways West, Greens on Gardiner, and adjacent developments. The commercial nodes along Rochdale at major cross-street intersections are planned commercial reserve sites within the master plan, with serviced pads available for retail strip, medical office, and pad-site development. Westhill Drive provides secondary access into the Fairways North residential area and supports neighbourhood-scale commercial at key intersections.

The Rochdale corridor connects northwest Regina to the broader city commercial network via Pasqua Street North and Ring Road, providing essential arterial connectivity that underpins the commercial viability of the Fairways North location. Commuter traffic flows along Rochdale between the northwest residential areas and the city's central employment districts create consistent daytime traffic exposure for commercial tenants at key intersections.

Asset Classes

Neighbourhood Strip Retail

New construction pads on Rochdale Boulevard. $20–30/sf NNN. Pharmacy, grocery convenience, personal care tenants.

Medical & Dental Office

Purpose-built clinical space. $22–30/sf gross. Family medicine, dentistry, physiotherapy for northwest residential catchment.

QSR Drive-Through

Pad sites for national drive-through operators. $24–32/sf NNN. Capturing residential community commuter traffic on Rochdale.

Commercial Land

Serviced commercial reserve pads. $50–120/sf. Master-planned community commercial node sites at Rochdale intersections.

Investment Drivers

The primary investment driver in Fairways North is the pace of residential development in northwest Regina. The Fairways West, Greens on Gardiner, and adjacent master-planned communities are among the most active residential development areas in Saskatchewan, with hundreds of new homes completed annually. Each new household adds to the consumer demand captured by neighbourhood commercial within the Rochdale Boulevard corridor, improving existing centre occupancy and supporting the case for new commercial development.

Medical and professional office is the most rapidly growing demand category in Fairways North — northwest Regina's population skews younger and family-oriented, with high demand for primary care physicians, dentists, pediatricians and allied health practitioners. The shortage of medical office supply in the northwest quadrant relative to population growth creates a compelling case for purpose-built clinical development, with pre-leasing feasible from qualified medical practitioners seeking to establish northwest practices.

Development Activity

Active commercial development in Fairways North centres on new strip retail construction, medical office buildings, and QSR pad site development along the Rochdale Boulevard corridor. Multiple commercial reserve sites within the Fairways West master plan remain available for development, with the City of Regina's infrastructure program extending utilities and road networks to support continued northwest expansion. Commercial land values are rising as residential density increases, creating urgency for developers to secure prime commercial pad sites before market maturation eliminates the growth-stage pricing advantage.

Fairways North Commercial Real Estate — FAQ

What commercial real estate is available in Fairways North Regina?

Fairways North offers emerging suburban commercial along Rochdale Boulevard and Westhill Drive, including neighbourhood retail pads, medical and dental office suites, professional services, and new-format QSR drive-through sites. The area's rapidly growing residential population provides an expanding consumer base for all categories of neighbourhood-serving commercial.

What are lease rates in Fairways North Regina?

Retail NNN lease rates in Fairways North run $20–30/sf for new construction strip retail on Rochdale Boulevard. Medical office gross rents are $22–30/sf for purpose-built clinical space. Professional service office leases at $20–26/sf gross. New-construction lease rates reflect the cost of development in this growing northwest Regina suburb.

Is Fairways North a good investment in northwest Regina?

Yes — Fairways North is within the Fairways West master-planned community, one of northwest Regina's fastest-growing residential areas. Commercial land values in this growth corridor have appreciated significantly as residential density has increased. Neighbourhood retail centres and medical office projects in the area benefit from a captive residential catchment with limited competing commercial supply.

How does Fairways North commercial compare to Harbour Landing?

Fairways North and Harbour Landing are both growth-area suburban commercial markets in Regina's expanding periphery. Harbour Landing has more established commercial with higher occupancy and proven lease rates. Fairways North is at an earlier stage with better opportunities for ground-floor commercial development at lower land costs, and a similar residential growth trajectory supporting eventual commercial maturation.

What national retailers are in Fairways North?

National QSR operators, pharmacy chains, and professional service franchises have been active in the Rochdale Boulevard commercial corridor serving the Fairways West and adjacent northwest communities. As residential density increases, additional national tenants are expected to follow the rooftop growth pattern consistent with other Regina suburban commercial nodes.

What development land is available near Fairways North in Regina?

Commercial development land in the Fairways North area trades at $50–120/sf for serviced commercial pads on Rochdale Boulevard and Westhill Drive. Larger parcels suitable for anchor-tenanted strip centres or stand-alone pad-site retail are available at the primary intersection nodes within the master-planned community commercial reserves.

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