Single Tenant Day Care
For Sale
Contact for pricing
1220 Alverser Dr, Midlothian, VA 23113
For sale with a tenant lease in place and multiple extension options, including scheduled rent increases.
Property Size6,348 SF
Price / SF$251.26
Days on Market194
Property Features for 1220 Alverser Dr
General Information
Standard status
Active
Size
6,348 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | McLean
(202) 925-4205
Listed By:
Andrew Fallon · License #0225193951
(202) 286-1542
Source:
Moodyscre
Added: Feb 23
Changed: Aug 22
Last Checked: Jul 21 at 3:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean
Investment Insights
Based on property information with market context.
This single-tenant early childhood day care center is offered for sale with the current tenant in place under an initial lease structure. The tenant has 5 years remaining on the initial term, along with two additional (5-year) options to extend, reflecting continuity at the site. The lease includes a scheduled 8.125% increase effective in April of 2026, along with approximately 8% rental increases at the beginning of each option period.
The property is located at 1220 Alverser Dr in Midlothian, Virginia (23113).
Learning Care Group, the current operator, is described in the provided remarks as the second largest network of early childhood centers in the U.S., with presence across 40 states and Washington, D.C.
The property is located at 1220 Alverser Dr in Midlothian, Virginia (23113).
Learning Care Group, the current operator, is described in the provided remarks as the second largest network of early childhood centers in the U.S., with presence across 40 states and Washington, D.C.
Key Highlights
- Tenant lease has 5 years remaining on the initial term, with two additional 5‑year extension options
- Scheduled rent increase in April 2026 of 8.125%
- Additional ~8% rental increases at the beginning of each extension option
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,274
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23113, VA
26,190
Population
10,317
Households
2.5
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
36.5 sq mi
ZIP Area
718
Density / Sq Mi
$150,673
Median Household Income
$75,423
Median Earnings
$1,736
Median Rent
$580,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Day care center - For sale with a tenant lease in place and multiple extension options, including scheduled rent increases.
Where is this day care center located?
The property is located at 1220 Alverser Dr Midlothian, VA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Tenant lease has 5 years remaining on the initial term, with two additional 5‑year extension options; Scheduled rent increase in April 2026 of 8.125%; Additional ~8% rental increases at the beginning of each extension option
