For Sale
$3,950,000

12405 Cape Cod CtLake Ridge, VA 22192

Profitable NNN Leased School

Overview

Added:
Dec 11, 2024
Days on market:
115
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 Cape 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
12405 Cape Cod Ct, Lake Ridge, Virginia

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12405 Cape Cod Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message