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Guidepost Global Education 689 Craig Rd 19,856 SF Retail Building Creve Coeur, MO 63141 $8,021,226 ($403.97/SF) 7.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Twenty Year Double Net (NN) Lease | This investment is subject to a long term, twenty year double-net (NN) lease.
- Brand New 2024 Remodel | The tenant recently committed nearly $5M to a full remodel of the entire site at the end of 2024.
- Corporate Guarantee Backing the Lease | Corporate Guarantee from the largest montessori school operator in the United States.
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Guidepost Global Education 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 Global Education is subject to a 20-year Double Net (NN) lease, which commenced 9/1/2025. The current annual rent is $621,645 and has scheduled increases of 2.00% annually.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
19,856 SF
Building Class
B
Year Built/Renovated
1972/2024
Price
$8,021,226
Price Per SF
$403.97
Cap Rate
7.75%
NOI
$621,645
Tenancy
Single
Building Height
3 Stories
Building FAR
0.32
Lot Size
1.41 AC
Zoning
82PO - Zoned for Commercial Use
Frontage
107’ on Old Ballas Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17N-13-0560 | Improvements Assessment | $691,970 |
| Land Assessment | $202,110 | Total Assessment | $894,080 |
PROPERTY TAXES
Parcel Number
17N-13-0560
Land Assessment
$202,110
Improvements Assessment
$691,970
Total Assessment
$894,080
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Guidepost Global Education | 689 Craig Rd
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