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:  %