Retail — Metro Vancouver — Cap Rate Analysis
Metro Vancouver Retail Cap Rates: A Market Analysis (2016–2026)
This report tracks 139 retail property transactions across Metro Vancouver from June 2016 to April 2026, representing $1.68 billion in total volume. It captures the full cap rate cycle: from historic lows of 2.0–2.2% in 2019–2021, through a decisive repricing that has pushed the 2025–2026 average to 4.60%.
139Transactions
3.55%Avg Cap Rate
3.16%Vancouver Avg
4.60%2025–26 Avg
$1.68BTotal Volume
15Municipalities
Charts & Transaction Table
Annual Average Cap Rate — Metro Vancouver Retail, 2016–2026
Annual avg cap rate (all municipalities)
Vancouver only
Annual averages weighted equally by transaction. 2022 has one transaction; treat with caution. Hover for details.
Cap Rate by Transaction — Colour = Municipality, Size = Sale Price
139 transactions. Bubble size scales with sale price. Click legend to toggle municipalities. Hover for details.
| Date ↕ | Property ↕ | Municipality ↕ | Price ↕ | Cap Rate ↕ |
|---|
139 transactions, June 2016 – April 2026. Click any column header to sort.