12405 Cape Cod Ct - Day Care Center FOR SALE


Lake Ridge, VA 22192
$3,950,000 USD
703-994-7510
12405 Cape Cod Ct, Lake Ridge, VA for Sale
$3,950,000 USD
Day Care Center - FOR SALE
1/9
null | 6.93% Cap Rate

12405 Cape Cod Ct
Lake Ridge, VA 22192


HIGHLIGHTS

  • NNN Lease
  • 3% Annual Increases
  • 2 x 5 Year Renewal Options

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$483 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Goddard School of Lake Ridge

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,206 SF

ZONING

B1

APN/PARCEL ID

8293-14-1183

ASK ABOUT THIS PROPERTY

Joe SerafinSerafin Real EstateMore Info
703-994-7510

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Joe SerafinSerafin Real EstateMore Info
703-994-7510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.