4621 St Peters Pkwy St. Peters, MO 63304

This exceptional investment opportunity presents a fee-simple, single-tenant daycare center in St. Peters, Missouri. The property, totaling 7,860 square feet, is situated on a 1.47-acre lot and boasts a 100% occupancy rate since its opening on May 12, 2023. The property features a single-story building constructed in 2013, operating under a 15.1-year absolute NNN lease with Kids & Company, a leading childcare provider with over 150 locations across North America. The lease, commencing May 12, 2023, and expiring May 31, 2038, includes a corporate guarantee and features 2% annual rent bumps. The current Net Operating Income (NOI) stands at $229,224, yielding a 6.75% cap rate. The property benefits from a prime location near MO-94, with excellent visibility and proximity to schools and major retailers, including Target, Home Depot, and Chick-fil-A. The surrounding area exhibits strong demographics, with an average household income exceeding $127,000 within a 3-mile radius and a projected growth of 11.53% by 2028. The lease offers renewal options of 3 and 5 years. This investment offers a stable, long-term income stream with significant upside potential in a thriving community. The property's address is 4621 N St Peters Pkwy, St. Peters, MO 63304.