Serafin Real Estate’s Strategic $4.341 Million NNN Investment Sale of Goddard School in Herndon, Virginia
In a testament to their market leadership in early education NNN investment real estate, Serafin Real Estate successfully facilitated the sale of the Goddard School property at 2400 Dulles Town Blvd, Herndon, VA for $4,341,000. This transaction highlights Serafin Real Estate’s unmatched expertise in navigating the successful sales of early education properties and maximizing value for their seller clients in this niche market.
2400 Dulles Town Blvd Property Sale Overview
Joe Serafin and the Serafin Real Estate team expertly managed the sale of this fully occupied Goddard School property, delivering a prime NNN investment opportunity to the market.
- Property Type: Early Education NNN Investment
- Building Size: 9,166 SF
- Sale Price: $4,341,000
- Sale Date: December 18, 2024
- Lease Type: NNN Lease
- Current NOI: $304,600
- Location: Herndon, Fairfax County, VA
Navigating the Early Education NNN Investment Real Estate Market
Early education properties are a specialized niche, requiring deep market knowledge and strategic foresight. Serafin Real Estate, the #1 brokerage in the State of Virginia for sold volume of early education centers, is uniquely positioned to handle these transactions.
The Goddard School property presented the following key challenges and opportunities:
- Lease Expiration Management:
With the lease expiring in 2025, Serafin Real Estate leveraged their expertise to negotiate an early tenant renewal option, transforming the property into a stable, long-term NNN investment. - Income Stability:
The property’s NNN lease structure ensured minimal expenses for the landlord and a reliable NOI of $304,600. This made the asset highly attractive to passive income-seeking investors. - Market Appeal:
Serafin Real Estate highlighted the growing demand for early education centers, especially in Fairfax County, where the population and household incomes are rising.
The Sale Process and Successful Outcome
Key Features of the NNN Investment Strategy:
- Stable Cash Flow:
The long-term NNN lease with a reputable tenant, Goddard School, ensured predictable income and low operational costs for the buyer. - Strategic Marketing:
Serafin Real Estate executed a targeted marketing campaign tailored to investors specializing in early education NNN assets. This included high-quality offering memoranda, network and broker outreach, digital advertising, and personalized investor engagement. - Competitive Valuation:
The property’s NOI of $304,600 and market-aligned cap rate made it a compelling investment opportunity.
These efforts resulted in a $4.341 million sale, affirming the value of the NNN lease structure and the strength of early education investments.
Neighborhood Appeal
The Goddard School property in Herndon, Fairfax County offers strong neighborhood appeal with affluent demographics, a growing population, and convenient access to major community hubs, making it an ideal investment for early education NNN buyers.
Serafin Real Estate: Leaders in Early Education NNN Property Sales
With a proven track record and recognition as the #1 brokerage in Virginia for sold volume of early education centers, Serafin Real Estate is the premier choice for buying and selling early education NNN investments. Their deep market knowledge, strategic approach, and commitment to client success ensure optimal outcomes for every transaction.
For expert assistance with your early education property needs, contact Joe Serafin and the Serafin Real Estate team at (703) 261-4809 or visit Serafin Real Estate.