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The Goddard School of Lake Ridge 12405 Cape Cod Ct 8,170 SF Retail Building Lake Ridge, VA 22192 $3,950,000 ($483.48/SF) 6.93% Cap Rate

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INVESTMENT HIGHLIGHTS

NNN Lease
2 x 5 Year Renewal Options

3% Annual Increases

EXECUTIVE SUMMARY

Strategically positioned in Woodbridge, Virginia, this 8,170 SF freestanding Goddard School offers investors a secure, hands-off NNN lease with a nationally recognized early childhood education provider. Woodbridge, located in Prince William County, is a high-growth submarket within the Washington D.C. metro area, benefiting from strong demographics and increasing demand for essential services.
Key financial highlights include:
- Sale Price: $3,950,000
- NOI: $273,920
- Cap Rate: 6.93%
- Annual Rent Increases: 3%, ensuring income growth
- Lease Term: Absolute NNN, with tenant covering all expenses
- Renewal Options: Two 5-year extensions
The surrounding area boasts a robust median household income of $155,026 within a 3-mile radius, a steadily growing population, and a business-friendly environment. The property is in close proximity to major highways and commuter routes serving Washington D.C., making it an attractive long-term investment.

OM - 12405 Cape Cod Ct Goddard Lake Ridge

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Day Care Center

Building Size

8,170 SF

Building Class

Year Built

2012

Price

$3,950,000

Price Per SF

$483.48

Cap Rate

6.93%

NOI

$273,920

Tenancy

Single

Building Height

1 Story

Building FAR

0.28

Lot Size

0.67 AC

Zoning

B1 - Prince William County Zoning - General Business

Fenced Lot

Signage

Air Conditioning

MAJOR TENANTS

Educational Services
8,170 SF
$32.56
Triple Net
Jan 2028

The Goddard School® is a private preschool and early childhood education center with locations across the United States. Their preschool's approach to learning is centered around play-based activities and hands-on experiences, which help children develop a love for learning while building important skills in areas like literacy, math, and social-emotional development. In addition to providing a nurturing and supportive environment for children, The Goddard School also places a strong emphasis on communication and collaboration with parents to support their child's growth and development both inside and outside the classroom. Find the nearest private preschool near you by using their School Locator tool.