St. Charles, MO - O2B Kids!

Description:

• The tenant currently has 13+ years remaining on their initial lease with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 2% annual rental increases throughout the initial term & options thereafter, growing NOI and hedging against inflation
• O2B Early Education is the parent company of O2B Kids and is a leading provider of early education services for children in the Southeast U.S.

• The subject property is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Aldi, Walmart Supercenter, Sam’s Club, Petsmart, Bass Pro, Walgreens, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The asset is in close proximity to Lindenwood University (7,000 students), further increasing consumer traffic to the subject trade area