624 W Church Rd - Schools FOR SALE


Sterling, VA 20164
$7,144,378 USD
314-495-4195
624 W Church Rd, Sterling, VA for Sale
$7,144,378 USD
Schools - FOR SALE
1/5
null | 7.25% Cap Rate

624 W Church Rd
Sterling, VA 20164


OVERVIEW

Westwood Net Lease Advisors is pleased to present this Guidepost Montessori located within Sterling, Virginia (Washington DC MSA). Long term lease in place until 2046 with minimal landlord responsibilities and annual increases backed by the largest Montessori School operator in the world. Sterling, Virginia is an affluent suburb of Washington, DC with an average household income of $159,000 and 236,000 people within a 5-mile radius. Sterling, VA is approximately 30 miles from Washington, DC. Guidepost Montessori is a global network of schools offering programs that help empower children’s independence. Guidepost Montessori is the Largest Corporate Montessori School Operator in the U.S. with 120+ Locations Nationally and Locations Globally Higher Ground Education Was Valued at $250 Million in 2021, and $600 Million in 2023 20+ year Corporate NNN Lease (Minimal LL Responsibilities) with 2% Annual Increases Full Corporate Guaranty from Higher Ground Education (Parent Company of Guidepost Montessori) High income trade area – average HH income of $151,034 within a 3-mile radius of the subject property Demand For Child Care Remains Extremely Strong The U.S. child care market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030. The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding. The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021. Families in the U.S. are willing to spend more on child care services, indicating the high service demand in the U.S. Internet Resistant Tenant Child care remains a necessity for parents who can’t work from home. Early Education centers remain at the forefront of children’s social skills development.

FOR SALE DETAILS

PRICE

$7,144,378 USD

PRICE/SF

$1,044 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GUIDEPOST MONTESSORI CORPORATE NNN LEASE

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

Commercial

APN/PARCEL ID

031-10-6343

ASK ABOUT THIS PROPERTY

Jon WilsonholmeWestwood Net Lease AdvisorsMore Info
314-495-4195

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Jon WilsonholmeWestwood Net Lease AdvisorsMore Info
314-495-4195

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