This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

The Learning Experience 24419 Arcola Mills Dr

10,000 SF Retail Building Aldie, VA 20105 $7,076,923 ($708/SF) 6.50% Cap Rate

Investment Highlights

  • Brand new construction with minimal Landlord responsibilities and a passive income stream
  • Only 2 miles from John Mosby Highway (Route 50) a major retail and commuter corridor with 18,000 VPD, connecting Western Virginia to Northern Virginia
  • Numerous large residential and mixed-use projects planned, actively being developed or recently delivered nearby
  • Insulated submarket with major economic drivers, including Washington Dulles International Airport (15 minute drive)
  • Affluent consumer base surrounding the property, with exceptionally strong average household income of $266,400

Executive Summary

LONG-TERM, 15-YEAR DOUBLE NET (NN) LEASE WITH STRUCTURED INCREASES
Brand new construction with minimal Landlord responsibilities and a passive income stream
RAPIDLY EXPANDING TENANT IN A GROWTH INDUSTRY
TLE is the largest and fastest growing childcare and early education company in the Country with 600 total locations, 350 existing and another 250 under development.
ACCESSIBILITY TO MAJOR ECONOMIC AND ACADEMIC DRIVERS
Insulated submarket with major economic drivers, including Washington Dulles International Airport (15 minute drive)
ROBUST DEMOGRAPHICS FOR A CHILDCARE CONCEPT LOCATED IN A RAPIDLY EXPANDING SUBMARKET
Affluent consumer base surrounding the property, with exceptionally strong average household income of $266,400 and expected annual population growth of 3.91% through 2029 within a 1-mile radius

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$7,076,923
Price Per SF
$708
Cap Rate
6.50%
NOI
$460,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.23 AC
Zoning
CR1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
202-29-7203
Land Assessment
$803,600
Improvements Assessment
$2,976,280
Total Assessment
$3,779,880
  • Listing ID: 33248856

  • Date on Market: 9/20/2024

  • Last Updated:

  • Address: 24419 Arcola Mills Dr, Aldie, VA 20105

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}