3250 Bearfield Rd Columbia, MO 65201-3314
- Day care centers
- 10,630 SF
- 1.54 lot acres
Sep 01, 2023
Current Use by Public Records
- O2B Kids East Columbia / Day Care Center / Preschool
Property Details for 3250 Bearfield Rd
- Year built
- 2013
- Lot size
- 1.54 lot acres
- Property size
- 10,630 SF
- Property type
- Day care centers
- APN
- 17-702-00-12-001.01 01
- APU
- 1770200120010101
Description
Exceptional investment opportunity: a fee-simple, 12,300 square foot daycare center in Columbia, Missouri. This property boasts a strong Net Lease (NNN) structure with a prominent tenant, o2b Kids!, a top 15 national operator with over 59 locations and 20 more in development. The 20-year lease, commencing September 1, 2023, and expiring August 31, 2043, includes two five-year renewal options, ensuring long-term stability. The lease features a 2.00% annual rent increase, providing consistent growth. The property, built in 2013 and renovated in 2023, sits on a 1.54-acre lot and currently enjoys 100% occupancy, generating a substantial Net Operating Income (NOI) of $362,372, representing a 7.00% cap rate. The tenant, o2b Kids!, acquired an existing operation in 2023, inheriting established enrollment and revenue streams, accelerating profitability. This is a turnkey investment with minimal landlord responsibilities, backed by a corporate guarantee from a financially robust and rapidly expanding national childcare provider. The significant investment by Spire Capital Partners further underscores the tenant's financial strength and growth trajectory. This property offers a compelling combination of secure income, predictable growth, and a strong tenant covenant. The asking price is $5,177,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.3028
- Latitude
- 38.9144
- CBSA code
- 17860
- CBSA name
- COLUMBIA, MO METROPOLITAN STATISTICAL AREA
