4621 N Saint Peters Pky - Day Care Center FOR SALE
Saint Peters, MO 63304 |
$3,464,000 USD
562-230-5606
4621 N Saint Peters Pky
Saint Peters, MO 63304
HIGHLIGHTS
- With over 13 years remaining on the lease, the site benefits from a corporate guarantee by Kids & Company, Ltd., which operates 150+ locations
- Kidco Ltd., the tenant, serves as the U.S. holding company for the operator’s American school locations
- Absolute NNN lease featuring 2% annual rent escalations
- This site has been in operation since the 90’s as “ABC Daycare & Learning Center” and was recently acquired by Kids & Company
- Kids & Company is a subsidiary of Grandir, a globally recognized early education platform with over 750 centers around the globe
- A good reputation as a family friendly community and household incomes of more than $129K in a 5-mile radius
OVERVIEW
Over 13 years remain on an absolute NNN corporate lease. The operator (one of the largest in North America) has over 150 locations and is growing. The subject property is located adjacent to Hwy 94 and has great visibility. Major national retailers located within a 1.5-mile radius of the subject property include Walmart, Target, Home Depot, Raising Cane’s and Aldi.
FOR SALE DETAILS
PRICE
$3,464,000 USD
PRICE/SF
$441 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kids & Company
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.47 AC
LAND SF
64,033 SF
ZONING
-
APN/PARCEL ID
3-0016-A967-00-0007.0000000
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562-230-5606
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562-230-5606
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