19+ Years Remaining on a 20-Year Lease
– O2B Kids! Signed a new 20-year lease at the subject property in 2023.
– The lease has no day-today landlord responsibilities and offers 2.00% annual increases in rent.
– In addition to the 20-year base lease term, the tenant has two, five-year options to renew with the same rent increase structure annually.
O2B Kids! (47+ Locations) – Top 15 Corporate Operator
– O2B Kids! is one of Top 15 Corporate child care companies in the country.
– O2B Kids! is a place that opens minds, improves self-confidence, develops social skills, and strengthens bodies.
– O2B Kids! helps children discover hidden talents and promotes a passion for discovery. Friendships are developed and life lessons are learned.
– O2B Kids encourages kids to try new things and teaches a respect for people, property and ideas. O2B Kids! currently operates over 47 locations across three states.
O2B Kids! Acquired an Existing 6-Unit Operator (Bright Start Academy) in 2023
– The subject property had been operating as a Bright Start Academy child care facility, prior to O2B Kids! acquiring the operating business in 2023.
– Unlike a brand new construction property, O2B Kids! assumed all of the existing enrollment and revenue production that the former operator had built up over years of being in operation.
– This will allow for O2B Kids! to be profitable at a far more rapid pace than a brand new construction location.
Largest Suburb of St. Louis with over 100,000 People in 5 Miles
– O’Fallon is a prominent city situated in St. Charles County, Missouri, United States.
– Established in 1856, it lies within the St. Louis metropolitan statistical region and is strategically positioned between Lake St. Louis and St. Peters along Interstates 64 and 70.
– Not only is O’Fallon the largest suburb of St. Louis, but it also stands as the most populous city in St. Charles County and ranks as the seventh-largest in Missouri.
