46386 Logan Way Sterling Virginia – Early Education NNN Sale

Author: Joe Serafin This post originally appeared on Insights and is republished with permission. Find out how to blog with us on theBrokerList.

46386 Logan Way Sterling Virginia – Early Education NNN Sale46386 Logan Way Sterling Virginia – Early Education NNN Sale

Discover the successful sale of a 6,568-square-foot early education center at 46386 Logan Way in Sterling, Loudoun County, Virginia. Explore the creative strategy and innovative approach behind this prime real estate transaction by creatively structuring a business sale, leaseback, and NNN investment sale to maximize our Seller client’s returns

The owners of 46386 Logan Way sought to retire and sell both the real estate and the associated childcare business. By creatively structuring a separate sale of the business with a new 10-year triple net lease (NNN), Serafin Real Estate secured a total sale price of $3.1M, exceeding the client’s expectations and maximizing their return.

  • Strategic Dilemma: The owners of the early education center faced the challenge of selling both the real estate and the business during the pandemic while planning for retirement.
  • Two-Part Sale Structure: Serafin Real Estate structured the sale in two parts: first, selling the business under a 10-year NNN lease to an industry operator.
  • Real Estate Marketing: The second part involved marketing the real estate as an investment opportunity with a long-term lease in place, attracting active investors.
  • Maximized Return: This strategy increased the client’s overall return by over $300,000 compared to selling both assets together.
  • Successful Sale: The property at 46386 Logan Way sold for $3.1 million after receiving multiple offers and negotiating with a reliable buyer.
  • Client Satisfaction: The client praised Serafin Real Estate for their innovative approach and clear communication, resulting in a sale that exceeded their financial goals.

Located in Sterling, Loudoun County, Virginia, the early education center benefits from a prime position in a growing market. Its proximity to major residential areas and highways such as Route 7 makes it an attractive location for businesses looking to serve the community. The property is now a secure investment opportunity with a long-term tenant in place.

When the owners of the early education center at 46386 Logan Way approached Serafin Real Estate, they were ready to retire but unsure how to proceed with selling both their business and the property. With challenges posed by the pandemic and their desire to maximize returns, we developed a strategy that would benefit them both in the short and long term.

Our solution? A two-part sale structure. First, we facilitated the sale of the business by engaging an operator familiar with the industry. The new owner signed a 10-year NNN lease, ensuring long-term stability for the property. Once the lease was secured, we marketed the property to known active investors, leveraging the stability of the lease to attract higher offers.

This approach yielded a sale price that was $300,000 higher than what would have been achieved if the business and property were sold together. It was a win-win situation for our client, who was able to retire comfortably with more proceeds than anticipated.

  • $3.1M Sale for 46386 Logan Way
  • 10-year NNN Lease secured for the new business operator
  • Multiple offers from qualified investors
  • Sale exceeded the client’s anticipated overall profit by over $300,000

Explore more of our successful closings by viewing our Featured Closings to see how we have maximized values and sale prices for our clients.  You can also learn more about Seller Representation Services.

Joe Serafin is the owner and principal broker of Serafin Real Estate.  By strategically positioning the company to primarily focus in Loudoun County, Fairfax County, and Prince William County, he has successfully sold over $660M of transactions since his start in the industry in 2005.

         

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