9640 Midland Blvd Overland, MO 63114

This exceptional investment opportunity presents a fee-simple ownership of a 6,300 square foot daycare center in Overland, Missouri. The property is currently 100% occupied under a Net Lease agreement with o2b Kids!, a top 15 national childcare operator with over 60 locations and 20 more under development. The lease, commencing September 1, 2023, and expiring August 31, 2038, includes a substantial 13.8-year remaining term with built-in 2% annual rent increases. The tenant, o2b Kids!, acquired an existing facility in 2023, inheriting established enrollment and revenue, mitigating typical start-up risks. The property boasts a strong NOI of $184,868, resulting in a 7.25% cap rate. The lease includes two, five-year renewal options, further securing long-term income. Built in 1998 and renovated in 2023, this 0.77-acre property benefits from a corporate guarantee and is situated in a densely populated area with over 225,000 people within a five-mile radius. The property's strong tenant, long-term lease, and attractive financial metrics make it an ideal addition to any investment portfolio. The asking price is $2,550,000.