SOLD: Childcare NNN Investment Property | Goddard School of Lake Ridge | 12405 Cape Cod Court, Woodbridge, VA | Serafin Real Estate
WOODBRIDGE, VA — Serafin Real Estate is proud to announce the successful closing of the Goddard School of Lake Ridge, located at 12405 Cape Cod Court, Woodbridge, Virginia 22192. The property sold on April 16, 2025, at a final sale price of $3,656,250 — another landmark childcare NNN investment sale completed by Joe Serafin and the Serafin Real Estate team in Northern Virginia.
Property Highlights
This purpose-built childcare facility is a standout NNN investment asset in the Prince William County market:
- Building Size: 8,170 SF on 0.68 acres
- Year Built: 2012 | Operating as Goddard School since February 2013
- Lease Type: Absolute NNN
- Rent Escalations: 3% annually
- Renewal Options: 2 x 5 years
- Submarket: Lake Ridge, Prince William County, Washington D.C. Metro
- Zoning: B1 | Single tenant, free-standing, 100% occupied
The Transaction
Joe Serafin and Serafin Real Estate represented the seller exclusively in this childcare investment sale. Key transaction details:
- The buyer was a known party to the firm and was executing a 1031 tax-deferred exchange, acquiring the Goddard School of Lake Ridge as a replacement property
- The absolute NNN lease structure, stable tenancy history, and built-in rent growth made this an ideal 1031 exchange target
- The transaction closed cleanly, supported by SRE’s deep expertise in childcare real estate, NNN investment sales, and the Northern Virginia commercial real estate market
About the Tenant: The Goddard School
The Goddard School is one of the most creditworthy and recognizable tenants in the childcare real estate investment sector. Key tenant metrics:
- 607+ locations across the United States
- 9,000+ employees nationwide
- Founded: 1988 | Headquartered in King of Prussia, PA
- Operated under independently owned franchises through Goddard Systems, Inc.
- The Lake Ridge location has operated continuously at this address since 2013, demonstrating over a decade of stable, community-rooted performance
Serafin Real Estate: Virginia’s Leader in Childcare Center Sales
This closing is more than a transaction. It is a data point in one of the most compelling track records in Virginia childcare real estate.
Joe Serafin and Serafin Real Estate have now closed $208,349,796 in childcare center sales since founding the firm in 2019.
According to CoStar, total childcare center sales volume across the entire state of Virginia since 2019 stands at $1,041,257,115. Serafin Real Estate has captured a commanding share of that market — operating exclusively within the Northern Virginia footprint of Loudoun, Fairfax, and Prince William Counties — and remains one of the top firms in the state for childcare center sales volume.
How SRE’s performance compares to the Virginia market:
| Metric | Virginia Market Average | Serafin Real Estate |
|---|---|---|
| Average Price Per SF | $417/SF | $441/SF |
| Average Transaction Size | — | $5,367,137 |
- SRE’s average price per square foot of $441 outperforms the Virginia statewide average of $417, reflecting the firm’s ability to position assets correctly, attract the right buyer pool, and close at premium values
- SRE’s average childcare transaction size of $5,367,137 reflects consistent work at the institutional end of the childcare investment market
- All of this volume has been generated within Northern Virginia alone — not across the entire state — making the market penetration even more significant
Why Northern Virginia Childcare Real Estate Continues to Attract Investors
The Lake Ridge submarket, and Northern Virginia broadly, consistently ranks among the strongest markets for childcare real estate investment in the Mid-Atlantic region. Key demand drivers include:
- Average household income of $154,498 within 5 miles of the property
- 208,631 residents within a 5-mile radius, with a steadily growing population base
- Strong demand for premium early childhood education providers in high-income suburban communities
- Proximity to Washington D.C., Fort Belvoir, and major employment centers drives dual-income household formation — the core childcare customer
- Prince William County‘s business-friendly environment and population growth trajectory supports long-term childcare demand fundamentals
About Joe Serafin and Serafin Real Estate
Joe Serafin is the Owner and Principal Broker of Serafin Real Estate, a boutique commercial real estate brokerage headquartered in Leesburg, Virginia. With 19 years of industry experience and over $730 million in closed transactions, Joe is a multi-year CoStar Power Broker award winner and recognized Top 10 Virginia commercial real estate agent.
Serafin Real Estate specializes in:
- Early education and childcare center sales and leasing
- NNN investment property sales
- Owner-user buildings and special-use assets
- Buyer and seller representation across Loudoun, Fairfax, and Prince William Counties
If you own a childcare center, NNN investment property, or special-use asset in Northern Virginia and are considering a sale, lease, or confidential valuation, contact Serafin Real Estate.
Joe Serafin | Owner and Principal Broker 📞 703.994.7510 ✉️ jserafin@serafinre.com
Serafin Real Estate 40834 Graydon Manor Lane Leesburg, Virginia 20175 📞 703.261.4809 🌐 serafinre.com