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3005 Dower House Dr 7,902 SF Retail Building Herndon, VA 20171 $5,078,528 CAD ($642.69 CAD/SF) 5.93% Cap Rate



INVESTMENT HIGHLIGHTS
- Rising Stars Day School 10-Year NNN Lease; Established early education tenant with 7 years of lease term remaining
- Tenant pays RET & Ins and maintains and repairs the premises
- 10 Year Term; Rent Commencing August 2022 with 3% increases annually + renewal options
EXECUTIVE SUMMARY
Divaris Real Estate, Inc., is pleased to present for sale this prime commercial property located at 3005 Dower House Dr, Herndon, VA. This single-tenant net leased property is occupied by a well-established tenant, offering a stable income stream in a thriving suburban market.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,902 SF
Building Class
C
Year Built
1988
Price
$5,078,528 CAD
Price Per SF
$642.69 CAD
Cap Rate
5.93%
NOI
$301,179 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.16
Lot Size
1.15 AC
Zoning
PDH-2 - See Link for Permitted Uses: https://online.encodeplus.com/regs/fairfaxcounty-va/doc-viewer.aspx#secid-546bk1
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0352-0825-B | Improvements Assessment | $1,550,918 CAD |
| Land Assessment | $630,058 CAD | Total Assessment | $2,180,977 CAD |
PROPERTY TAXES
Parcel Number
0352-0825-B
Land Assessment
$630,058 CAD
Improvements Assessment
$1,550,918 CAD
Total Assessment
$2,180,977 CAD
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3005 Dower House Dr
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