13+ Years Remaining with 2.00% Annual Increases in Rent
– O2B Kids! signed a 15-year lease, offering long-term cash flow through August 2039 with two, five-year extension options immediately following the Base Term.
– Aside from structure and foundation, the tenant is responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc making this a prime opportunity for out-of-state investors.
– 2.00% annual rental increases provide contractual rent growth for the remainder of the base lease term and the two, five-year option periods.
Corporate Guaranty from Top 15 Operator in the Country (75+ Locations)
– O2B Kids! is a Top 15 Corporate childcare companies in the country.
– O2B Kids! currently operates over 75 locations across five states.
– 14th largest childcare brand by number of locations with $119 million in 2024 reported annual revenue.
St. Louis MSA – 2,800,000+ People
– The St. Louis Metropolitan Statistical Area (MSA) has an estimated population of 2,814,421 people. It spans 15 counties across both Missouri and Illinois. It ranks as the 23rd-most populous metropolitan area in the United States.
– St. Louis is highly ranked for its logistics infrastructure, bolstered by its central location and easy access to major waterways. It is a significant inland port.
– The region is emerging as a large financial services center, with seven Fortune 500 companies headquartered there: Centene Corp., Emerson Electric, Reinsurance Group of America, Jones Financial, Graybar Electric, Post, and Core & Main.
Over $67,000,000 Spent on Education and Daycare in a 5-Mile Radius
– A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
– Participants in early childhood programs, including Tulsa’s universal pre-K program, are more likely to enroll in college and potentially experience higher earnings in adulthood.
