Airdrie real estate

development oppsThe real estate market is thriving in Airdrie and we continue to cultivate commerce, industrial and employment growth.

Steady growth and market activity has proven pent-up demand, resulting in the City providing opportunity and capacity for redevelopment and speculative construction in all of our land use districts.

To explore available land and space opportunities in Airdrie, contact us at

Airdrie Economic Development
403.948.8844
economic.development@airdrie.ca

 

Lease Rates

Commercial Lease Rate Ranges (per sq. ft.)

 Classification
Tenant TypePoor FairAverage Good Excellent Average Operating Costs
Retail $8  $12 to $25  $16 to $31 $21 to $38 $28 to $46 $8 to $13
Office None  $18 $16 to $21  $15 to $24 $18 to $26 $5 to $8
Restaurant/Fast Food None  $12 $13  $25 to $32 $30 to $42 $10 to $35

Industrial Lease Rate Ranges (per sq. ft.)

 Classification
Tenant TypeFair AverageGoodAverage
Operating Costs
Condo Bays $10 to $16 $10 to $20 $11 to $24 $3 to $6
Industrial Office $4 $6 to $10 $8 to $18 $3 to $8
Warehouse $6 to $7 $6 to $11 $7.50 to $13 $2 to $6

Source: City of Airdrie Assessment January 2021

*The above noted lease ranges are pursuant to the municipal government act utilizing typical market conditions in the municipality.
**The above noted lease ranges do not include additional operational cost that may occur.

For more information about non-residential property assessment, click here.

 

City-owned property

At this time the City does not have any commercial or industrial property for sale.

If and when the City identifies a surplus of land holdings and Council chooses to list them, they will be advertised here. 

 

Contact us


Economic Development