ABSOLUTE NNN | KINDERCARE LEARNING ACADEMIES
5003 Westone Plaza, Chantilly, VA 20151
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Property
Details
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Property
Overview
Introducing 5003 Westone Plaza, an exceptional investment opportunity in Chantilly, VA. This impressive 21,222 SF building, built in 2007, is a secure addition to any portfolio. Zoned I-3; Industrial Light Intensity, the property is fully leased under an Absolute NNN Lease, with a 15-Year Lease that commenced on 9/1/2023. Boasting 100% occupancy and top-of-the-line construction, this facility is leased to Kindercare Learning Academies, utilized as their high-end brand, Creme De La Creme. With a licensed capacity of 225 and a corporate guaranty, this opportunity is exclusively offered for sale by Serafin Real Estate. Located in Fairfax County, VA, this prime property offers an excellent investment opportunity in a sought-after area.
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Property
Highlights
- Premium Building: The property features a 21,222 SF building, constructed in 2007 using top-of-the-line materials, ensuring durability and long-term functionality for special purpose or school use.
- Zoning & Flexibility: Zoned I-3 (Industrial Light Intensity), this property is well-suited for a wide range of uses, including educational institutions, offering flexibility for prospective investors looking for a special purpose facility.
- Long-Term Absolute NNN Lease: The building is fully leased under a 15-year Absolute NNN lease, which commenced on 9/1/2023, providing the owner with zero landlord responsibilities and a guaranteed income stream.
- Licensed Capacity: Licensed to accommodate up to 225 occupants, the property is perfectly suited for educational institutions or other high-occupancy purposes, offering scalability for expanding programs.
- Corporate Guaranty & Financial Growth: Backed by a corporate guaranty from the largest private early education provider in the country, with over 2,200 locations, the property offers secure financial stability. Additionally, the lease includes 3% annual rent escalations for continued income growth.
- Strategic Location: Located in the Washington, D.C. Metro area, the property benefits from its prime Fairfax County position, providing excellent access to one of the nation’s most affluent and stable markets.