4300 Rainbow Trout Dr, Columbia, MO 65203-6480

This exceptional investment opportunity presents a fee-simple interest in a 8,700 square foot, single-tenant daycare facility located at 4300 Rainbow Trout Drive, Columbia, MO, 65203. The property, built in 2011 and renovated in 2023, sits on a 1.47-acre lot and boasts 31 parking spaces. Currently 100% occupied by O2B Kids, a leading early childhood education provider with 50+ national locations and over $65 million in annual revenue, the property is under a new 20-year NNN lease commencing September 1, 2023, and expiring August 31, 2043. The lease includes a corporate guarantee, offering significant credit strength and long-term stability. Annual rent increases of 2.00% are built into the lease, providing a hedge against inflation. The lease also features two 5-year option periods, each requiring six months' notice. Landlord responsibilities are limited to foundation and structure, with the tenant responsible for all other maintenance and repairs, including the roof (excluding the structure). The property is zoned M-OF (Mixed Use – Office) within the City of Columbia and enjoys a prime location near the University of Missouri and affluent residential neighborhoods. The asking price is $4,016,000, representing a 7.00% cap rate and a price per square foot of $461.61. The Net Operating Income (NOI) is $281,120. This is a rare opportunity to acquire a high-quality, long-term net lease investment with a strong tenant and significant upside potential.