Strategically positioned in Woodbridge, Virginia, this 8,170 SF freestanding Goddard School offers investors a secure, hands-off NNN lease with a nationally recognized early childhood education provider. Woodbridge, located in Prince William County, is a high-growth submarket within the Washington D.C. metro area, benefiting from strong demographics and increasing demand for essential services.
Key financial highlights include:
- Sale Price: $3,950,000
- NOI: $273,920
- Cap Rate: 6.93%
- Annual Rent Increases: 3%, ensuring income growth
- Lease Term: Absolute NNN, with tenant covering all expenses
- Renewal Options: Two 5-year extensions
The surrounding area boasts a robust median household income of $155,026 within a 3-mile radius, a steadily growing population, and a business-friendly environment. The property is in close proximity to major highways and commuter routes serving Washington D.C., making it an attractive long-term investment.