6670 Sooke Rd - Bank FOR SALE


Sooke, BC V9Z 0A5
$5,236,000 CAD
877-849-8356
6670 Sooke Rd, Sooke, BC for Sale
$5,236,000 CAD
Bank - FOR SALE
1/8
null | 4.5% Cap Rate

6670 Sooke Rd
Sooke, BC V9Z 0A5


HIGHLIGHTS

  • The Subject Property is 100% occupied by Toronto-Dominion Bank. TD is one of North America's largest financial institutions.
  • The Tenant is operating on a landlord friendly, NNN lease with minimal landlord responsibilities.
  • Sooke's population increased by 15.6% from 2020 to 2025 to approximately 17,625 residents and is projected to grow by an additional 13.5% by 2030.
  • The Subject Property benefits from 125 feet of direct frontage onto Sooke Road (Highway 14).
  • The Subject Property is held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation.
  • Directly adjacent to Evergreen Centre, Sooke's dominant retail node, the Subject Property benefits from national and daily-needs retailers.

OVERVIEW

The Vendor has exclusively engaged the Western Canada NNN Group to facilitate the sale of its 100% freehold interest in 6670 Sooke Road, Sooke, B.C. This offering presents a carefree triple-net investment opportunity, featuring a single-tenant bank branch with drive-thru, fully leased to Toronto Dominion Bank ("TD"), one of Canada's most creditworthy tenants. The triple-net structure affords minimal landlord responsibilities, providing investors with a strong national corporate covenant and passive income from day one. Strategically positioned along Sooke Road (Highway 14), a major arterial corridor, the property enjoys exceptional visibility and accessibility. Located within a well-established retail node and surrounded by essential daily-needs retailers, the asset is well-positioned to deliver long-term income stability and enduring investment value.

FOR SALE DETAILS

PRICE

$5,236,000 CAD

PRICE/SF

$1,022 CAD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C2

APN/PARCEL ID

001-025-961

ASK ABOUT THIS PROPERTY

Curtis LeonhardtMarcus & MillichapMore Info
877-849-8356

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Curtis LeonhardtMarcus & MillichapMore Info
877-849-8356

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.