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Colwood Corners - Building 8 1905-1907 Sooke Rd 1,389 SF of 4-Star Retail Space Available in Victoria, BC V9B 1V8
HIGHLIGHTS
- Anchored by Save-On-Foods and London Drugs in a high-traffic location.
- Open-air shopping experience with high visibility signage and patio-ready units.
- Surrounded by strong demographics and rapid population growth.
- Over 300 residential units on site provide a built-in customer base.
- Plenty of surface parking stalls and direct access from Goldstream Avenue and Sooke Road.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,389 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1
Restaurant Opportunity w/ Patio building 8
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Ample parking
- Signage opportunities
- Anchor Tenants
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,389 SF | Year Built | 2022 |
| Property Type | Retail | Parking Ratio | 1.89/1,000 SF |
| Gross Leasable Area | 70,890 SF | Cross Streets | Belmont |
| Total Space Available | 1,389 SF |
| Property Type | Retail |
| Gross Leasable Area | 70,890 SF |
| Year Built | 2022 |
| Parking Ratio | 1.89/1,000 SF |
| Cross Streets | Belmont |
ABOUT THE PROPERTY
Colwood Corners presents a rare opportunity to lease retail space in the most prominent mixed-use development in the City of Colwood. Strategically located at the intersection of Goldstream Avenue and Sooke Road, this open-air village-style shopping center is designed to serve as the gateway to the West Shore. With over 300 residential units above and a curated mix of national and local tenants, the site offers a dynamic “Live, Work, Shop, Play” environment that attracts consistent foot traffic and community engagement. The center is anchored by Save-On-Foods and London Drugs, with additional tenants including Starbucks, Coast Capital, TD Bank, PetValu, and Club Pilates. Available spaces range from small-format retail to larger restaurant-ready units with patio potential. The site features high visibility signage, grade-level access, and 550 surface parking stalls, offering convenience for both tenants and customers. Colwood Corners benefits from strong demographics, with a projected 5-year population growth of 17.2% within 1 km and average household incomes exceeding $100,000. The surrounding area includes Royal Colwood Golf Course, Juan de Fuca Rec Centre, and Marine Gateway retail, with easy access to downtown Colwood (2 minutes), Langford (7 minutes), and Victoria (20 minutes). This location is ideal for retailers seeking exposure in a rapidly growing, high-income community with excellent connectivity.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Colwood Corners - Building 8 | 1905-1907 Sooke Rd
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