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NNN Stone Ridge Montessori 25075 White Sands Drive Chantilly, VA 20152 $3,650,000 | 6.76% Cap Rate | 3% Annual Rent Escalations OFFERING MEMORANDUM

NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

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Page 1: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN Stone Ridge Montessori25075 White Sands Drive Chantilly, VA 20152

$3,650,000 | 6.76% Cap Rate | 3% Annual Rent Escalations

O F F E R I N G M E M O R A N D U M

Page 2: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing,or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

Exclusively LIsted by:

Joe SerafinOwner & Principal [email protected]

Sean [email protected]

40834 Graydon Manor LaneLeesburg, Virginia 20175

1 PROPERTY INFORMATIONExecutive Summary 4Complete Highlights 5Floor Plans 6Additional Photos 7

2 LOCATION INFORMATIONRegional Map 9Location Maps 10Aerial Maps 11

3 FINANCIAL ANALYSISRent Roll 13

4 SALE COMPARABLESSale Comps 15Sale Comps Summary 17Sale Comps Map 18

5 ADVISOR BIOSAdvisor Bio 1 20Advisor Bio 2 21

CONTENTS

NNN - Stone Ridge Montessori

Page 3: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

P R O P E R T Y I N F O R M A T I O N

Page 4: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

PROPERTY OVERVIEW

Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and wellestablished certified Montessori School tenant. Excellent Financials.

Property is occupied. Please do not disturb tenant, all showing arrangements and inquiries should be directed to SerafinReal Estate. Financials and other confidential information can be provided with a signed NDA.

PROPERTY HIGHLIGHTS

• Lease Type: NNN

• Lease Expiration: May 31, 2031

• NOI: $246,706

• Cap Rate: 6.76%

• Rent Escalation: 3% Annually

• Renewal Options: 2 x 5 Years

OFFERING SUMMARY

SALE PRICE: $3,650,000

BUILDING SIZE: 7,984 SF

LOT SIZE: 1.08 Acres

PRICE / SF: $457.16

CAP RATE: 6.76%

NOI: $246,706

YEAR BUILT: 2010

ZONING: PDH-4

MARKET: Washington DC Metro

SUBMARKET: Dulles South Corridor

NNN - Stone Ridge Montessori Executive Summary | 4

Page 5: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

LOCATION INFORMATION

BUILDING NAME NNN - Stone Ridge Montessori

STREET ADDRESS 25075 White Sands Drive

CITY, STATE, ZIP Chantilly, VA 20152

COUNTY Loudoun

MARKET Washington DC Metro

SUB-MARKET Dulles South Corridor

SIGNAL INTERSECTION No

BUILDING INFORMATION

NOI $246,706.00

CAP RATE 6.76

OCCUPANCY % 100.0%

TENANCY Single

NUMBER OF FLOORS 1

YEAR BUILT 2010

FREE STANDING Yes

PROPERTY HIGHLIGHTS

• Lease Type: NNN

• Lease Expiration: May 31, 2031

• NOI: $246,706

• Cap Rate: 6.76%

• Rent Escalation: 3% Annually

• Renewal Options: 2 x 5 Years

NNN - Stone Ridge Montessori Complete Highlights | 5

Page 6: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Floor Plans | 6

Page 7: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Additional Photos | 7

Page 8: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

L O C A T I O N I N F O R M A T I O N

Page 9: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Regional Map | 9

Page 10: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Location Maps | 10

Page 11: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Aerial Maps | 11

Page 12: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

F I N A N C I A L A N A L Y S I S

Page 13: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

NNN - Stone Ridge Montessori Rent Roll | 13

Page 14: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

S A L E C O M P A R A B L E S

Page 15: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

SUBJECT PROPERTY25075 White Sands Drive | Chantilly, VA 20152

$3,650,000Sale Price: $246,706NOI: 6.76%CAP:$457.16Price PSF: 7,984 SFBuilding SF: 2010Year Built:1.08 AcresLot Size:

Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori School tenant. ExcellentFinancials.

Property is occupied. Please do not disturb tenant, all showing arrangements and inquiries should be directed to Serafin Real Estate. Financials and other confidential information can beprovided with a signed NDA.

1KIDS R' KIDS NNN25160 Loudoun County Parkway | Chantilly, VA 20152

$7,980,000Sale Price: $540,000NOI: 100%Occupancy:05/31/2020Closed: 6.77%CAP: $532.89Price PSF:14,975 SFBuilding SF: 2015Year Built: 2 AcresLot Size:

Closed May 2019Sale-LeasebackBrand New 15-Year NNN Lease6% Increase Every 5 Years

1

2GUIDEPOST MONTESSORI NNN42945 Waxpool Road | Ashburn, VA 20147

$11,100,000Sale Price: $753,186NOI: 100%Occupancy:08/30/2020Closed: 6.79%CAP: $523.86Price PSF:21,189 SFBuilding SF: 2002Year Built: 4.49 AcresLot Size:

NNN Lease w/ Guidepost Montessori16+ Years Remaining on Lease6.79% Cap Rate at Time of Contract3% Annual Increases2 x 5 Year Renewal Options

2

NNN - Stone Ridge Montessori Sale Comps | 15

Page 16: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

3GUIDEPOST MONTESSORI NNN13251 Woodland Park Road | Herndon, VA 20171

$4,200,000Sale Price: $277,679NOI: 100%Occupancy:08/30/2020Closed: 6.61%CAP: $598.80Price PSF:7,014 SFBuilding SF: 2007Year Built: 0.88 AcresLot Size:

NNN Lease w/ Guidepost Montessori16+ Years Remaining on Lease6.61% Cap Rate at Time of Contract3% Annual Increases2 x 5 Year Renewal Options

3

NNN - Stone Ridge Montessori Sale Comps | 16

Page 17: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP # OF UNITS

NNN - Stone Ridge Montessori25075 White Sands DriveChantilly, VA 20152

$3,650,000 7,984 SF $457.16 6.76% -

SALE COMPS PRICE BLDG SF PRICE/SF CAP # OF UNITS CLOSE

1Kids R' Kids NNN25160 Loudoun County ParkwayChantilly, VA 20152

$7,980,000 14,975 SF $532.89 6.77% 1 05/31/2020

2GuidePost Montessori NNN42945 Waxpool RoadAshburn, VA 20147

$11,100,000 21,189 SF $523.86 6.79% 1 08/30/2020

3GuidePost Montessori NNN13251 Woodland Park RoadHerndon, VA 20171

$4,200,000 7,014 SF $598.80 6.61% 1 08/30/2020

PRICE BLDG SF PRICE/SF CAP # OF UNITS CLOSE

TOTALS/AVERAGES $7,760,000 14,393 SF $539.15 6.72% 1

NNN - Stone Ridge Montessori Sale Comps Summary | 17

Page 18: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

125160 Loudoun County ParkwayChantilly, VA 20152

KIDS R' KIDS NNN 242945 Waxpool RoadAshburn, VA 20147

GUIDEPOST MONTESSORI NNN

313251 Woodland Park RoadHerndon, VA 20171

GUIDEPOST MONTESSORI NNN

25075 White Sands Drive | Chantilly, VA 20152SUBJECT PROPERTY

NNN - Stone Ridge Montessori Sale Comps Map | 18

Page 19: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

A D V I S O R B I O S

Page 20: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

JOE SERAFIN

Owner & Principal Broker

[email protected]: 703.261.4809 | Cell: 703.994.7510

PROFESSIONAL BACKGROUNDJoe is a 15-year real estate industry veteran and owner of Serafin Real Estate, specializing in investment sales, acquisitions, brokerage, and property investment consultation in Loudoun,Fairfax, and Prince Willam County.

Joe has built a solid foundation through his representation of many developers, private equity firms, and individual investors throughout the years and has successfully closed over $500Mof transactions since his start in the industry. His specific areas of expertise include strategic planning, financial investment analysis, and financial structuring ensuring solid andtransparent property investments for his clients.

By applying this expertise and market knowledge, Joe consistently exceeds the investment goals for his clients and has earned their trust as a reliable resource, creating life-long businessand personal relationships. Joe is an active member of many professional networking real estate groups and graduated from Virginia Tech with a Bachelor of Business Administrationdegree.

Contact Information:Joe SerafinO: 703.261.4809C: 703.994.7510E: [email protected]: www.serafinre.com

Serafin Real Estate40834 Graydon Manor Lane

Leesburg, Virginia 20175703.994.7510

NNN - Stone Ridge Montessori Advisor Bio 1 | 20

Page 21: NNN Stone Ridge Montessori...Ideal for 1031 Replacement! Prime Investment Opportunity in Chantilly, Loudoun County, VA. Excellent Location and well established certified Montessori

SEAN KLINE

CEO

[email protected]: 703.261.4809 | Cell: 703.963.0608

PROFESSIONAL BACKGROUNDSean has over 20 years of experience in real estate acquisition and investment. He graduated from the United States Merchant Marine Academy at Kings Point, and bought his firstinvestment property in Falls Church after returning from sea tours in Operations Enduring Freedom and Iraqi Freedom.

Sean’s firm grip of the acquisition market and local geography are attributed to deep roots in Virginia where he lives, invests and seeks opportunities for our clients. He is accomplished innegotiations and dedicated to client immersion providing the best solutions for any investment portfolio.

Serafin Real Estate40834 Graydon Manor Lane

Leesburg, Virginia 20175703.994.7510

NNN - Stone Ridge Montessori Advisor Bio 2 | 21