NNN In Loudoun County | 6.76% Cap Rate (June 2020) | Ideal 1031 Replacement

  • 10 Feb 2020 5:07 PM
    Message # 8738421

    Hello Fellow Marema Members,

    We had a recent price improvement to this property and can now offer a more attractive cap rate.  Very passive NNN investment for your investor clients.

    Please see below:


    Description

    Serafin Real Estate offers a prime investment opportunity in Chantilly, Loudoun County, VA. Stone Ridge Montessori is an AdvancED accredited Montessori school which has been a part of the Aldie and Stone Ridge communities since 2009. Excellent Location and well established certified Montessori School tenant. Excellent Financials. Property is occupied. Please do not disturb tenant, all showing arrangements and inquiries should be directed to Serafin Real Estate. Financials and other confidential information can be provided with a signed NDA. Lease Type: NNN Lease Term: 11+ Years Remaining  Current NOI: $239,520 NOI on June 1, 2020: $246,706  Current Cap Rate: 6.56% Cap Rate on June 1, 2020: 6.76%  Rent Escalation: 3% Annually  Renewal Options: 2 x 5 Years

    Investment Highlights

    • AdvancED accredited Montessori school
    • Lease Type: NNN
    • Lease Term: 11+ Years Remaining
    • Current NOI: $239,520
    • NOI on June 1, 2020: $246,706  
    • Current Cap Rate: 6.56% 
    • Cap Rate on June 1, 2020: 6.76%
    • Rent Escalation: 3% Annually, Escalates on June 1, 2020
    • Renewal Options: 2 x 5 Years


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