The Learning Experience - Manassas, VA 10219 Dumfries Rd

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, The Learning Experience investment property located in Manassas, Virginia. The tenant will sign a brand new 20-year lease with 2 (5-year) options to extend at close of escrow, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
The Learning Experience is located near the signalized, hard corner intersection of Dumfries Rd and Hastings Dr. Dumfries Rd is a major retail thoroughfare serving the city of Manassas. The asset is located directly across from a 60,000+ square foot shopping center with tenants including Habitat for Humanity, Domino’s Pizza, and a McDonald’s outparcel. Additionally, the property is located in close proximity to Wellington Station, 73,000+ square foot shopping center, anchored by Giant Food. The Learning Experience currently has over 100 children enrolled, and is expected to have over 130 children enrolled by the start of 2025. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Harris Teeter, LA Fitness, Chick-fil-A, Raising Cane’s, Wawa, and more, further increasing consumer traffic to the site. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. The 5-mile trade area is supported by a population of over 163,000 with an average household income of $148,891.