5010 Spotsylvania Pky - Day Care Center FOR SALE


Fredericksburg, VA 22407
$5,743,000 USD
813-434-8278
5010 Spotsylvania Pky, Fredericksburg, VA for Sale
$5,743,000 USD
Day Care Center - FOR SALE
1/11
null | 7% Cap Rate

5010 Spotsylvania Pky
Fredericksburg, VA 22407


HIGHLIGHTS

  • 20 Years Remaining | Options To Extend | Established Tenant | Scheduled Rental Increases
  • NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
  • Fronting Spotsylvania Pkwy | Off I-95 (105,120 VPD) | Adjacent to Cosner’s Corner Master Development
  • Demographics In 5-mile Trade Area

OVERVIEW

• The Learning Experience Corporate guarantees the lease for the first 6 years of initial term • 20 years remaining with 2 (5-year) options to extend • The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option to extend • The Learning Experience is the nation’s fastest-growing Academy of Early Education for children ages six weeks to six years old, with more than 600 centers open and a new location opening every week • This building was thoughtfully designed and constructed with adaptive re-use potential and can be backfilled or subdivided to host a wide range of tenancies

FOR SALE DETAILS

PRICE

$5,743,000 USD

PRICE/SF

$574 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience - Fredericksburg VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

PDH-2

APN/PARCEL ID

35135D1

ASK ABOUT THIS PROPERTY

William WambleSRS Real Estate PartnersMore Info
813-434-8278

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William WambleSRS Real Estate PartnersMore Info
813-434-8278

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.