DIVESTED, 2013
This free standing retail pad with drive-thru was developed by Pure Group in 2011 on a build-to-suit basis for a long term Toronto Dominion (TD) Bank lease.
TD Bank, Sooke, is a class A single storey office building comprising 5,122 sf of leaseable area. Located 45-minutes from the City of Victoria in the rapidly-growing community of Sooke, BC, the property is situated in the commercial core, directly adjacent to Evergreen Mall.
- Purchase Price of Land: $630,000
- Purchase Date: December 2010
- Sale Price: $3,800,000
- Sale Date: January 2013
- Year Built: 2011
- Annualized return on equity: %