For Sale
$3,950,000

12405 Cpe Cod Ct Lake Ridge, VA 22192

Profitable NNN Leased School

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: a single-story, 8,170 square foot school building in Lake Ridge, Virginia, is available for purchase. This well-established property, located at 12405 Cape Cod Ct, 22192, boasts a strong financial profile with a triple-net (NNN) lease in place with The Goddard School, a nationally recognized early childhood education provider. The school has operated successfully at this location since 2012, demonstrating a long-term commitment to the community. The lease, expiring January 31, 2028, includes a favorable 3% annual rent escalation clause, providing protection against inflation and ensuring consistent income growth. The property sits on a 0.68-acre lot and is zoned B1. All property taxes, insurance, and maintenance responsibilities fall under the tenant's purview, minimizing owner involvement. This turnkey investment benefits from its strategic location in Prince William County, near Washington, D.C., within a rapidly growing population area, promising strong future returns. The asking price is $3,950,000, translating to $483.48 per square foot. This represents a secure, passive income stream with significant growth potential. The property's APN is 8293-14-1183.

Highlights

  • NNN (Triple Net) leased property.
  • Tenanted by The Goddard School, a nationally recognized early childhood education provider.
  • Successfully operating since 2012.
  • Absolute NNN lease; tenant responsible for all expenses (taxes, insurance, maintenance).
  • 3% annual rent escalations.
  • Woodbridge, VA location near Washington, D.C., in a high-growth area.

Property Details for 12405 Cpe Cod Ct

Property type
Specialty properties, Schools
Square Feet
8,170 SF
Year Built
2012
Stories
1
Lot Size (sq. ft)
29,621 SF

Location Insight

City
Lake Ridge
County
Prince William
State
Virginia
Latitude
38.6853482
Longitude
-77.3151431

FAQs

What type of property is this?
Specialty property - Profitable NNN Leased School
Where is the specialty property located?
The property is located at 12405 Cpe Cod Ct Lake Ridge, VA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: NNN (Triple Net) leased property.; Tenanted by The Goddard School, a nationally recognized early childhood education provider.; Successfully operating since 2012.
How can I contact the broker?
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12405 Cpe Cod Ct
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