Property History
LONG-TERM LEASE WITH ANNUAL INCREASES
The NN lease features nearly 10 years of term remaining, with limited landlord responsibilities, and attractive annual rent increases of $0.50 per square foot throughout the initial term, as well as in each of the two (2) 5-year renewal options.
PREMIER TENANCY
Founded in 1984, CARFAX has the most comprehensive vehicle history database in North America, containing more than 32 billion records. In February 2022, CARFAX’s parent company, IHS Markit, completed a $44 billion merger with S&P Global, Inc. (NYSE: SPGI) (Moody’s: A3), the world’s foremost provider of credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets.
MISSION CRITICAL SITE
With its founding roots in Columbia, MO, CARFAX has occupied the Property for more than two decades and completed two expansions designed to accommodate both data storage and approximately 200 employees within their software development, systems development and customer service departments. Moreover, in June 2024, CARFAX extended their lease by an additional 7 years (making it a total of 10 years), reinforcing their commitment to the site.
STRATEGIC LOCATION
The Property is located within the Concorde Office & Industrial Plaza, which encompasses 145 acres and is home to nationally recognized tenants like FedEx, Beyond Meat, ABC Supply Co. Inc, Iron Mountain, and Coca-Cola. The Park also boasts direct access to Highway 63, Columbia’s most trafficked north-south thoroughfare which spans 1,286 miles across the Midwest from Louisiana to Wisconsin.
THE COLUMBIA ADVANTAGE
A city of about 120,000 people, Columbia is located along interstate 70, midway between Missouri’s largest metro areas: St. Louis and Kansas City. Founded on education, Columbia is home to nationally recognized public schools including two top-ranked high schools, as well as the University of Missouri (MU). CARFAX is located just 2.5 miles from MU, one of the state’s primary economic powerhouses:•
$6.5 billion generated in economic impact by the UM System and its four universities, MU Extension, athletics, and academic medicine.
More than 69,000 direct and indirect jobs (full and part-time)
Approximately $366.5 million generated in state and local taxes
CBRE is pleased to present this critical operations office net lease investment property located in Columbia, MO. Occupied by a leading automotive data provider that was founded in Columbia, MO and has been at this location since 2003. The tenant has continued to expand at this site, almost tripling in size over the years. The property is located in the 145 acre Concorde Office and Industrial Plaza which is home to tenants such as IBM, Coca Cola, FedEx, Courtyard by Marriott and many other national tenants. The lease is structured as a net lease with minimal landlord obligations and annual CPI increases.
- MARKET LEADER AND HIGHLY RESPECTED COMPANY IN THE AUTOMOBILE DATA INDUSTRY: This tenant is the leading source of vehicle history information for buyers and sellers of used cars. Today, the company has the most comprehensive vehicle history database available in North America.
- LONG TERM CRITICAL OFFICE OPERATIONS FACILITY: This tenant has been at this location since 2003. During that period they have expanded from 14,315 SF in 2003 to 22,500 SF in 2006, and further expanded to 36,833 SF in 2012 at which time they committed to a new 15 year lease term which is a testimony to the tenant's commitment to this location.
- EXCELLENT LOCATION: The property is located in the desirable Concorde Office and Industrial Plaza which consists of 145 acres and located in the heart of Missouri just off US 63, 3 miles from I-70 and 8 miles from Columbia Regional Airport. A sample of tenants include IBM (critical technology service delivery center), Coca Cola, Gates Rubber, Dana Corp., Courtyard by Marriott, FedEX along with many more.
- DESIRABLE LEASE STRUCTURE: The lease is structured as a net lease where tenant pays for all expenses. The only landlord obligations are roof, structure and pro-rated HVAC replacement. Additionally there are annual
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
Does any data look off? Help us improve Crexi by offering your feedback!















