Investment Highlights

LONG-TERM LEASE WITH SCHEDULED RENTAL INCREASES
» 15-year net lease with two five-year options
» 8% rental increases every five years, providing a hedge against inflation

NATIONAL TENANT WITH BRAND RECOGNITION AND GROWTH
» Over 300 locations in 22 states
» Tenant experienced 210% increase in five-year system-wide revenue growth and is one of the fastest growing franchises in its industry
» Ranked in the Franchise 500 nine years in a row

HIGH-TRAFFIC LOCATION WITH ROBUST DEMOGRAPHICS
» Excellent access and visibility to 42,014 vehicles per day at the signalized intersection of Highway 94 and Florence Drive
» Affluent area, with an average household income of $99,363 within a one-mile radius, significantly higher than national and regional averages
» St. Charles County is the richest county in Missouri
» Large population of 171,953 within five miles of the property
» St. Charles County is one of the fastest growing counties in the country, with double-digit growth percentages in every decade since the 1970s

BEDROOM COMMUNITY WITH HIGH DEMAND FOR CHILDCARE AND EARLY EDUCATION
» Located in St. Charles County in the city of St. Peters, a family-oriented community whose average residents include working executives and school-age children
» Public school districts in St. Charles County rank in the top 25% of all Missouri districts
» Community places a high value on education; nearly 43% of all St. Charles County residents 25 years or older have a college degree
» Many residents commute to St. Louis and the surrounding communities for work, creating a high demand for childcare services

Property Description

SOLD

The property is conveniently located at the hard corner of Queens Brooke Boulevard and Bond Street, with immediate access to Highway 94, which has a high traffic volume of 77,985 vehicles per day near the property. Highway 94 serves as one of St. Charles County’s primary east-west transportation routes, and the property is in a strong retail corridor. CVS is adjacent to the property, and several shopping centers featuring a healthy mix of national, regional, and local retailers are within walking distance. Notable retailers located in the nearby area include Walmart, Advance Auto Parts, Fresh Thyme Farmers Market, Walgreens, Kohl’s, Dollar General, Shop ‘n Save, and many others.

Several schools are near the property, including Fairmount Elementary School (380 students), Francis Howell North High School (1,773 students), and Central Elementary School and Hollenbeck Middle School (over 1,400 students). All these schools are part of St. Charles County’s highly-rated school districts, which rank in the top 25% of all Missouri school districts. The property is surrounded by affluent residential neighborhoods; the average household income within three miles of the property is $99,363. The surrounding area is also densely populated, with 171,953 residents living within five miles of the property. Additionally, a majority of the county’s workforce works outside of the home, and many residents commute to St. Louis and the surrounding communities for work, providing a high demand for childcare services.