10225 Carnoch WayBristow, VA 20136
- Day care centers & nurseries
- 15,000 SF
Property Details for 10225 Carnoch Way
- Year built
- 2024
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 15,000 SF
- Property type
- Day care centers & nurseries
- Property subtype
- Retail properties
Description
Exceptional investment opportunity: a brand-new, 15,000-square-foot daycare center in Bristow, Virginia, boasting a 6.75% cap rate and a substantial net operating income (NOI) of $530,000. This fee-simple property, situated on a 1.4-acre lot at 10225 Carnoch Way, 20136, is leased to The Learning Experience under a 15-year net lease (NN) agreement commencing April 23, 2024, and expiring April 30, 2039. The lease includes two five-year renewal options, extending the potential lease term to 25 years. Rent is $530,000 annually, with a 10% increase every five years. The tenant, The Learning Experience, provides a corporate guarantee, mitigating risk. The property features a 5,000-square-foot playground, complementing the 10,000-square-foot building. Built in 2024, this build-to-suit facility showcases The Learning Experience's latest branding. The asking price is $7,851,852, representing a price per square foot of $523.46. This property offers a secure, long-term investment with significant upside potential due to the built-in rent escalations and the strong tenant's financial backing. The property is currently 100% occupied. This is a rare opportunity to acquire a high-quality, net-leased daycare center in a desirable location within the Washington, D.C. MSA.
Location Insight
- City
- Bristow
- County
- Prince William
- State
- Virginia
- Latitude
- 38.734
- Longitude
- -77.5807
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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