624 W Church Rd - GUIDEPOST MONTESSORI CORPORATE NNN LEASE
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
thank you
Your email has been sent!
624 W Church Rd - GUIDEPOST MONTESSORI CORPORATE NNN LEASE
8,099 SF Specialty Building Offered at $7,144,378 at a 7.25% Cap Rate in Sterling, VA 20164
Executive Summary
Westwood Net Lease Advisors is pleased to present this Guidepost Montessori located within Sterling, Virginia (Washington DC MSA). Long term lease in place until 2046 with minimal landlord responsibilities and annual increases backed by the largest Montessori School operator in the world.
Sterling, Virginia is an affluent suburb of Washington, DC with an average household income of $159,000 and 236,000 people within a 5-mile radius. Sterling, VA is approximately 30 miles from Washington, DC.
Guidepost Montessori is a global network of schools offering programs that help empower children’s independence.
Guidepost Montessori is the Largest Corporate Montessori School Operator in the U.S. with 120+ Locations Nationally and Locations Globally
Higher Ground Education Was Valued at $250 Million in 2021, and $600 Million in 2023
20+ year Corporate NNN Lease (Minimal LL Responsibilities) with 2% Annual Increases
Full Corporate Guaranty from Higher Ground Education (Parent Company of Guidepost Montessori)
High income trade area – average HH income of $151,034 within a 3-mile radius of the subject property
Demand For Child Care Remains Extremely Strong
The U.S. child care market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding.
The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021.
Families in the U.S. are willing to spend more on child care services, indicating the high service demand in the U.S.
Internet Resistant Tenant
Child care remains a necessity for parents who can’t work from home.
Early Education centers remain at the forefront of children’s social skills development.
Sterling, Virginia is an affluent suburb of Washington, DC with an average household income of $159,000 and 236,000 people within a 5-mile radius. Sterling, VA is approximately 30 miles from Washington, DC.
Guidepost Montessori is a global network of schools offering programs that help empower children’s independence.
Guidepost Montessori is the Largest Corporate Montessori School Operator in the U.S. with 120+ Locations Nationally and Locations Globally
Higher Ground Education Was Valued at $250 Million in 2021, and $600 Million in 2023
20+ year Corporate NNN Lease (Minimal LL Responsibilities) with 2% Annual Increases
Full Corporate Guaranty from Higher Ground Education (Parent Company of Guidepost Montessori)
High income trade area – average HH income of $151,034 within a 3-mile radius of the subject property
Demand For Child Care Remains Extremely Strong
The U.S. child care market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding.
The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021.
Families in the U.S. are willing to spend more on child care services, indicating the high service demand in the U.S.
Internet Resistant Tenant
Child care remains a necessity for parents who can’t work from home.
Early Education centers remain at the forefront of children’s social skills development.
Property Facts
| Price | $7,144,378 | Building Class | B |
| Price Per SF | $882 | Lot Size | 2.41 AC |
| Sale Type | Investment | Building Size | 8,099 SF |
| Cap Rate | 7.25% | No. Stories | 1 |
| Sale Conditions | 1031 Exchange | Year Built | 1972 |
| Property Type | Specialty | Parking Ratio | 3.21/1,000 SF |
| Property Subtype | Schools |
| Price | $7,144,378 |
| Price Per SF | $882 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Sale Conditions | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 2.41 AC |
| Building Size | 8,099 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 3.21/1,000 SF |
1 of 1
PROPERTY TAXES
| Parcel Number | 031-10-6343 | Improvements Assessment | $1,830,090 |
| Land Assessment | $811,400 | Total Assessment | $2,641,490 |
PROPERTY TAXES
Parcel Number
031-10-6343
Land Assessment
$811,400
Improvements Assessment
$1,830,090
Total Assessment
$2,641,490
zoning
| Zoning Code | Commercial |
| Commercial |
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
624 W Church Rd - GUIDEPOST MONTESSORI CORPORATE NNN LEASE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.