Guidepost Montessori

Creve Coeur, MO

Key Details

Price:$8,475,055
Cap Rate:8.15%
Annual Rent:$690,717
Address:689 Craig Road, Creve Coeur, Missouri 63141
Property Type:Retail
Lease Type:Double Net (NN)

Property Data

Original Lease Term:20 Years
Lease Commencement:1/18/2025
Lease Expiration:8/31/2045
Lease Term Remaining:20 Years
Rental Increases:2.00% Annually
Lot Size:1.41 Acres
Building Size:19,856 SF
Year Built:2024
NNN Pro is pleased to present the exclusive listing for a Guidepost Montessori located at 689 Craig Rd, Creve Coeur, MO, 63141. The site consists of roughly 19,856 rentable square feet of building space on an estimated 1.41-acre parcel of land. This Guidepost Montessori is subject to a 20-year Double Net (NN) lease, which commenced 1/18/2025. The current annual rent is $690,717 and has scheduled increases of 2.00% annually.

About the Investment

  • Long Term Twenty Year Double Net (NN) Lease | This investment is subject to a long term, twenty year double-net (NN) lease. The lease has scheduled rental increases of 2% annually, providing the landlord with a hedge against inflation.
  • Corporate Guarantee Backing the Lease | Corporate Guarantee from the largest Montessori school operator in the United States.
  • Brand New 2024 Remodel | The tenant recently committed nearly $5M to a full remodel of the entire site at the end of 2024. In addition to the brand new remodel, the property is located on a large 1.41 acre plot of land which allows for the tenant to operate a massive daycare facility, totaling nearly 20,000 SF.
  • Convenient Daycare Location | The average spending on education and daycare within a five-mile radius exceeds $172,011,878 annually. There are fourteen (14) elementary, middle, and high schools located within a three-mile radius of the subjection property. The combined enrollment between all fourteen locations is 9,163.
  • Extremely Attractive Creve Coeur Market | Creve Coeur, Missouri, is a thriving suburban community situated in the heart of St. Louis County. The city places a strong emphasis on education, with top-rated schools and proximity to prestigious institutions such as Washington University and Saint Louis University.
  • Dense Retail Corridor | Trader Joes, Aldi, Chipotle, McDonald's, Verizon, T.J. Maxx, Chick-fil-A, The UPS Store, Starbucks, Valvoline Instant Oil Change, PNC Bank, First Watch, Circle K, Five Guys, Applebee's, Burger King, Smoothie King, Petco, Cold Stone Creamery and many more.

Talk to the Pros

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Glen Kunofsky

gkunofsky@nnnpro.com
License: NY: 49KU1129178
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Christopher Urban

curban@nnnpro.com
License: NY: 10401294011
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Brendan Murphy

bmurphy@nnnpro.com
License: NY: 10401389060

Broker of Record

Brian Brockman

Bang Realty-Missouri, Inc
License: 2017032771
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.