Goddard School of Lake Ridge

Highlights:

• Strong Tenant & Franchisee Stability – The Goddard School, a nationally recognized early education provider, has been in operation at this location since 2013 with a proven track record. The franchisee owns multiple locations, adding further stability.
• Passive Investment – NNN lease — tenant covers taxes, insurance, maintenance, and repairs.
• Under Market Rent & Strong Growth Potential – The property benefits from below-market rental rates, making it an attractive investment for long-term value appreciation.
• Built-in 3% Annual Rent Escalations – Consistent rent increases every year, providing an inflation hedge and growing cash flow.
• Renewal Options – The lease includes two (2) five-year renewal options
• Prime Location with Strong Demographics – Situated in Woodbridge, VA, near Washington D.C., the area boasts a growing population of 208,631 residents within a 5-mile radius and an average household income exceeding $150K, providing a strong customer base and economic stability.

Description:

This investment opportunity features a well-established NNN (Triple Net Lease) property occupied by The Goddard School, a nationally recognized early childhood education provider, in Woodbridge, Virginia. Operating since 2013, The Goddard School shows a strong commitment to the community with a proven business model. The property benefits from a hands-off lease where the tenant handles all maintenance, taxes, and insurance. It features a 3% annual rent escalation, ensuring protection against inflation and a steadily growing income. Additionally, its strategic location near Washington D.C. and the expanding population of Prince William County boosts its appeal.

Location and Economy:
Woodbridge, Virginia is a large suburban community located in Prince William County. Sitting just south of Washington D.C., it benefits from being part of a major metropolitan area with a diverse and strong economy. Many residents commute to jobs in the federal government, technology, and defense sectors within the D.C. area.

Business Landscape:
The business environment in Woodbridge is a mix of:
National chains: Woodbridge has a variety of national retailers, restaurants, and service businesses due to its large population and access to major highways.

Small businesses: There's a healthy presence of small and medium-sized businesses catering to the local community.
Government contractors: The proximity to D.C. makes Woodbridge attractive to government contracting firms.
Strengths:

Strategic location: Woodbridge offers easy access to Washington D.C., major transportation routes, and a skilled workforce.

Growing population: The population of Woodbridge is steadily increasing, providing a strong customer base for businesses.
Business-friendly environment: Prince William County offers programs and resources to support entrepreneurs and startups.

Diverse economy: Woodbridge is not reliant on a single industry, providing stability for businesses.

Overall, Woodbridge offers a vibrant and growing business environment with a mix of established companies and entrepreneurial opportunities. The proximity to Washington D.C. and a skilled workforce are significant advantages. However, competition and a high cost of living are factors to consider for businesses looking to locate here.

Additional Resources:

Prince William County Department of Development Services: https://www.pwcded.org/
Prince William Chamber of Commerce: https://pwchamber.org/

DULLES TOWN CENTER PCL 1B

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