Kids & Company
$2,753,000
2998 Technology Drive, Lake Saint Louis, MO 63367
For Sale
Retail
Free Standing
Active
Last Updated: 09/24/2026
7
Cap Rate
192,729
NOI
Details:
Cap Rate: 7%
NOI: $192,729
Building Size: 6,733 sqft
Lot Area: 2.11 acres
Lease Type: Absolute Net
Year Built: 2000
Tenancy: Single
Parking Spots: 27
Highlights:
- Strong Lease Fundamentals: Over 11 years remaining on absolute net lease featuring 2% annual rental increases
- Significant Corporate Backing: Corporate guaranty from tenant’s international parent company, Kids & Company, Ltd. (see below)
- Excellent Intrinsics: Low rent ($28/SF) and price per foot ($408) vs. new construction daycare properties
- Highway Proximity: Subject property located on Technology Drive which runs directly adjacent to I-64 (66,000+ VPD)
- Excellent Financials: Kids & Company, Ltd. reported over $225 million in revenues in FY 2023, which included an EBITDA over $35 million
- International Brand Recognition: Kids & Company operates 100+ centers across Canada; its U.S. sister operator, Inspire Early Education, runs 60+ U.S. centers under parent Grandir Group
Description:
Over 11 years remain on this absolute net Kids & Company lease that features 2% annual rental increases and a corporate guaranty from the tenant’s international parent company – Kids & Company, Ltd. The financials backing the guaranty are extremely strong – in FY 2023, Kids & Company Ltd. reported revenues of over $225 million and an EBITDA of over $35 million.
Documents:
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Kids_Co_LakeStLouisMO.pdf
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Location
Gallery