Sooke Rd - Office FOR SALE


Sooke, BC V9Z 0A5
$5,236,000 CAD
604-638-1999
Sooke Rd, Sooke, BC for Sale
$5,236,000 CAD
Office - FOR SALE
1/6

Sooke Rd
Sooke, BC V9Z 0A5


HIGHLIGHTS

  • The Subject Property is 100% occupied by TD Bank, a premier tenant with a market capitalization of $142 B.
  • The Tenant is operating on a landlord friendly, NNN lease with minimal landlord responsibilities.
  • Sooke's population has increased by 20% since 2019 with ~17,000 residents and is projected to reach ~30,000 by 2045.
  • The Subject Property is held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation.
  • Located on southern Vancouver Island, just 40 minutes from Victoria, Sooke is a highly desirable and rapidly growing bedroom community.
  • Renowned for its natural beauty and outdoor recreational opportunities including hiking, camping, and waterfront activities.

FOR SALE DETAILS

PRICE

$5,236,000 CAD

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,755 SF

ZONING

C-2-General Commercial

APN/PARCEL ID

001025961

ASK ABOUT THIS PROPERTY

Curtis LeonhardtMarcus & MillichapMore Info
604-638-1999

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Curtis LeonhardtMarcus & MillichapMore Info
604-638-1999

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