Investment Offering
Columbia, MO - O2B Kids!
3250 S Bearfield Rd | Columbia, MO 65201
$5,177,000
Price7%
Cap Rate12,300 SF
± SF Building SizeDescription
McKelvey Properties in collaboration with SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, freestanding O2B Kids investment property located in Columbia, Missouri. O2B Early Education Holdings, Inc. recently signed a brand new 20-year lease with 2 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features 2% annual rental throughout the initial term option periods, steadily growing NOI and hedging against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. O2B Kids has over 50 locations, and is a Florida based company that has helped shape the landscape of early education, preschool, and childcare.
Location
O2B Kids is strategically located at the signalized, hard corner intersection of Grindstone Parkway and South Bearfield Road which serves over 22,000 vehicles per day. Furthermore, the site benefits from nearby access to U.S. Highway (27,100 VPD) and State Highway 163 (13,330 VPD), making this an ideal, centralized location with easy commutes. Moreover, the subject property is ideally positioned between New Haven Elementary School (254 students) and Mill Creek Elementary School (593 students), providing parents with a one-stop drop off location for all of their children’s educational needs. In addition, the asset is situated within walking distance from the Grand Canyon Apartments (201 units), the Canvas Townhomes (654 beds), Elevate 231 apartments (318 units), and more, providing a direct residential consumer base from which to draw. The 5-mile subject trade area is supported by more than 106,000 residents and 92,000 daytime employees who earn an average household income of more than $81,000.
Documents & Links
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 Offering Memorandum |  |  |