Absolute NNN | Kindercare Learning Academies
5003 Westone Plaza
Chantilly, VA 20151
Highlights
- Premium Building: The property features a 21,222 SF building, constructed in 2007 using top-of-the-line materials, ensuring durability and long-term functionality for special purpose or school use.
- Zoning & Flexibility: Zoned I-3 (Industrial Light Intensity), this property is well-suited for a wide range of uses, including educational institutions, offering flexibility for prospective investors looking for a special purpose facility.
- Long-Term Absolute NNN Lease: The building is fully leased under a 15-year Absolute NNN lease, which commenced on 9/1/2023, providing the owner with zero landlord responsibilities and a guaranteed income stream.
- Licensed Capacity: Licensed to accommodate up to 225 occupants, the property is perfectly suited for educational institutions or other high-occupancy purposes, offering scalability for expanding programs.
- Corporate Guaranty & Financial Growth: Backed by a corporate guaranty from the largest private early education provider in the country, with over 2,200 locations, the property offers secure financial stability. Additionally, the lease includes 3% annual rent escalations for continued income growth.
- Strategic Location: Located in the Washington, D.C. Metro area, the property benefits from its prime Fairfax County position, providing excellent access to one of the nation’s most affluent and stable markets.
Description
Introducing 5003 Westone Plaza, an exceptional investment opportunity in Chantilly, VA. This impressive 21,222 SF building, built in 2007, is a secure addition to any portfolio. Zoned I-3; Industrial Light Intensity, the property is fully leased under an Absolute NNN Lease, with a 15-Year Lease that commenced on 9/1/2023. Boasting 100% occupancy and top-of-the-line construction, this facility is leased to Kindercare Learning Academies, utilized as their high-end brand, Creme De La Creme. With a licensed capacity of 225 and a corporate guaranty, this opportunity is exclusively offered for sale by Serafin Real Estate. Located in Fairfax County, VA, this prime property offers an excellent investment opportunity in a sought-after area.
Chantilly, located in Fairfax County, Virginia, is a thriving business hub known for its strategic location, robust economy, and strong demographics. Positioned near major highways, including Route 50, Route 28, and I-66, Chantilly offers easy access to Washington D.C., Dulles International Airport, and other key markets, making it an attractive destination for businesses and investors alike.
Demographically, Chantilly boasts a highly educated and affluent population, with a median household income well above the national average. The area's workforce is diverse, skilled, and bolstered by the presence of numerous technology, defense, and aerospace companies, including major players like Northrop Grumman and Boeing. This creates a thriving ecosystem for innovation and job growth, with a particular emphasis on tech-driven industries.
In terms of business trends, Chantilly is experiencing steady growth in the commercial real estate sector, driven by demand for office, industrial, and retail spaces. The area is home to several major business parks and mixed-use developments that cater to a wide range of industries. Additionally, the proximity to government contractors and federal agencies continues to fuel interest in the region.
From an economic perspective, Chantilly benefits from Fairfax County's strong fiscal health, which includes a AAA bond rating and pro-business policies that encourage corporate investment. The region has a well-developed infrastructure, with ongoing investments in transportation and public services, further enhancing its appeal as a business-friendly location.
For commercial real estate investors, Chantilly presents significant opportunities, particularly in office space, flex properties, and logistics centers. With stable property values, consistent demand, and a growing population, the area offers a solid return on investment for those looking to capitalize on the region's economic strengths and future growth potential.
Documents
Offering MemorandumDemographic_Analysis-1682425023.pdf
I-3 Zoning Ordinance Fairfax County.pdf