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Mixed-Use

6670 Sooke Rd

6670 Sooke Rd, Sooke, BC V9Z 0A5

Listing Price: $5,236,000

Cap Rate
4.50%
Gross SF
23,755
Rentable SF
5,122
Price/Gross SF
$220.42
Lot Size
0.55 acres
Year Built
2012

Investment 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”). 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.

Investment Highlights

  • Market Capitalization of >$142 Billion
  • 2nd largest Canadian bank
  • >$8.8 billion in net income
  • Bare Trust: The Subject Property is held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation, potentially resulting in savings on property transfer tax.
  • Serves over 27.9 million customers worldwide
  • Corporate Covenant: The Subject Property is 100% occupied by Toronto Dominion Bank. TD is a premier tenant with a market capitalization of >$142 billion, more than 27.9 million customers worldwide, and over $8.8 billion in net income; it ranks as the 2nd* largest bank in Canada and Canada's largest bank by employee count.
  • NNN Lease: The Tenant is operating on a landlord friendly, NNN lease with minimal landlord responsibilities.
  • Growth Market: Sooke's population has increased by 20% since 2019 with ~17,000 residents and is projected to reach ~30,000 by 2045.

Exclusively Listed By

Mixed-Use

6670 Sooke Rd

Listing Price: $5,236,000

Cap Rate
4.50%
Gross SF
23,755
Rentable SF
5,122
Price/Gross SF
$220.42
Lot Size
0.55 acres
Year Built
2012

Investment Highlights

  • Market Capitalization of >$142 Billion
  • 2nd largest Canadian bank
  • >$8.8 billion in net income
  • Bare Trust: The Subject Property is held in a bare trust, providing purchasers with the option to acquire shares of the nominee corporation, potentially resulting in savings on property transfer tax.
  • Serves over 27.9 million customers worldwide
  • Corporate Covenant: The Subject Property is 100% occupied by Toronto Dominion Bank. TD is a premier tenant with a market capitalization of >$142 billion, more than 27.9 million customers worldwide, and over $8.8 billion in net income; it ranks as the 2nd* largest bank in Canada and Canada's largest bank by employee count.
  • NNN Lease: The Tenant is operating on a landlord friendly, NNN lease with minimal landlord responsibilities.
  • Growth Market: Sooke's population has increased by 20% since 2019 with ~17,000 residents and is projected to reach ~30,000 by 2045.

Investment 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”). 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.

Exclusively Listed By

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