12405 Cpe Cod Ct Lake Ridge, VA 22192
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.