For Sale
$6,990,000

10219 Dumfries Rd Manassas, VA 20110

Brand new, 20-year NNN lease, 6.7% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity featuring a brand-new, 11,150 square foot daycare center in Manassas, Virginia. This fee-simple property boasts a 20-year absolute NNN lease with a prominent national tenant, The Learning Experience, backed by their largest franchisee. The lease includes 10% rental increases every five years, ensuring consistent NOI growth and inflation protection. The property sits on a 0.99-acre lot at a signalized intersection with excellent visibility on Dumfries Road, benefiting from strong tenant synergy with nearby national retailers like Walmart, Harris Teeter, and Chick-fil-A. The 2023-built facility enjoys 100% occupancy and generates a substantial net operating income (NOI) of $468,300, resulting in an attractive 6.70% cap rate. The strong demographics of the 5-mile trade area, with over 163,000 residents and 64,600 employees, and an average household income of $148,891, further solidify this investment's potential. The lease also includes two five-year options to extend, demonstrating the tenant's long-term commitment. This is a truly management-free investment opportunity with zero landlord responsibilities, as the tenant covers all CAM, taxes, and insurance. This property presents a rare chance to acquire a high-performing, low-maintenance asset in a thriving market.

Property Details for 10219 Dumfries Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
11,150 SF
Year Built
2023
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Manassas
County
Prince William
State
Virginia
Latitude
38.732417315128
Longitude
-77.473872710808

FAQs

What type of property is this?
Day care center & nursery - Brand new, 20-year NNN lease, 6.7% cap rate.
Where is the day care center & nursery located?
The property is located at 10219 Dumfries Rd Manassas, VA.
What is the asking price?
The asking price for this property is $6,990,000.
How can I contact the broker?
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10219 Dumfries Rd
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