689 Craig Rd - Day Care Center FOR SALE
Creve Coeur, MO 63141 |
$8,021,226 USD
207-272-2425
689 Craig Rd
Creve Coeur, MO 63141
HIGHLIGHTS
- Long Term Twenty Year Double Net (NN) Lease | This investment is subject to a long term, twenty year double-net (NN) lease.
- Corporate Guarantee Backing the Lease | Corporate Guarantee from the largest montessori school operator in the United States.
- Brand New 2024 Remodel | The tenant recently committed nearly $5M to a full remodel of the entire site at the end of 2024.
OVERVIEW
Surmount is pleased to present the exclusive listing for a Guidepost Global Education located at 689 Craig Rd, Creve Coeur, MO, 63141. The site consists of roughly 19,856 rentable square feet of building space on an estimated 1.41-acre parcel of land. This Guidepost Global Education is subject to a 20-year Double Net (NN) lease, which commenced 9/1/2025. The current annual rent is $621,645 and has scheduled increases of 2.00% annually.
FOR SALE DETAILS
PRICE
$8,021,226 USD
PRICE/SF
$404 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Guidepost Global Education
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.41 AC
LAND SF
61,420 SF
ZONING
82PO
APN/PARCEL ID
17N-13-0560
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
207-272-2425
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
207-272-2425
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
