For Sale
$4,016,000

4300 Rainbow Trout Dr Columbia, MO 65203

7% Cap Rate, 20-Year NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
127
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.

Highlights

  • 8,700 SF single-tenant daycare facility on a 1.47-acre lot with 31 parking spaces.
  • 20-year NNN lease with O2B Kids, a leading childcare provider, commencing September 1, 2023, including two 5-year options.
  • Corporate lease guarantee from O2B Kids, a company with 50+ locations and $65M+ annual revenue.
  • 2% annual rent increases built into the lease.
  • Located near the University of Missouri in Columbia, MO, in a high-income, rapidly growing area.

Property Details for 4300 Rainbow Trout Dr

Property type
Day care centers & nurseries, Retail properties
Square Feet
8,700 SF
Year Built/Renovated
2011/2023
Buildings
1
Lot Size (sq. ft)
64,033 SF
Units
1

Location Insight

City
Columbia
County
Boone
State
Missouri
Latitude
38.943971
Longitude
-92.3999167
4300 Rainbow Trout Dr, Columbia, Missouri

FAQs

What type of property is this?
Day care center & nursery - 7% Cap Rate, 20-Year NNN Lease
Where is the day care center & nursery located?
The property is located at 4300 Rainbow Trout Dr Columbia, MO.
What is the asking price?
The asking price for this property is $4,016,000.
What are key features of this property?
This property features: 8,700 SF single-tenant daycare facility on a 1.47-acre lot with 31 parking spaces.; 20-year NNN lease with O2B Kids, a leading childcare provider, commencing September 1, 2023, including two 5-year options.; Corporate lease guarantee from O2B Kids, a company with 50+ locations and $65M+ annual revenue.
How can I contact the broker?
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4300 Rainbow Trout Dr
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