Calgary Retail Real Estate Market
Q1 2026 Calgary retail market reported vacancy rate at 2.4%. Avg market asking rent at $29.73/sf (+$0.61 YoY) and retail cap rate (neighbourhood) at 6.0%. Additional indicators included net absorption (2025) at 358K sf.
Vacancy, net asking rents, cap rates, absorption, submarket detail and public-REIT exposure across Calgary, drawn from broker research. Q1 2026 · Updated July 15, 2026.
Sources: CBRE caprates capital markets Q1 2026; JLL retail Q1 2026 · Q1 2026 broker research
Vacancy rate
2.4%
1 broker source
Avg market asking rent
$29.73/sf
+$0.61 YoY
1 broker source
Net absorption (2025)
358K sf
1 broker source
Retail cap rate (neighbourhood)
6.0%
1 broker source
Vacancy rate
Vacancy rate · percentage points
Net absorption
Square feet absorbed by period