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3016 N Kentwood Ave, Springfield, MO, 65803

Nikodem Dental
$833,800

Key Information

Cap Rate
7.5%
$ per SF
$220
Tot. SF
3,790
Year Built
1988
Term Remaining
±4.4 YRS
Type
Healthcare
Occupancy
100%
NOI
$62,535

Highlights

  • MORTENSON DENTAL PARTNERS | 140+ LOCATIONS | 1 MILLION+ PATIENTS –Nikodem Dental is part of the Mortenson Dental Partners brand. Mortenson Dental Partners is the largest group of privately owned doctor-run dental practices in the United States. Beginning as a single practice in 1979, the company has grown to include over 140 practices across 9 states, employing over 1,800 team members and welcoming nearly one million patient visits each year.
  • Nikodem Dental – The Nikodem Dental brand has been part of the greater Saint Louis community for over 50+ years, with 6 locations throughout the city. Their locations provide advanced treatment options that are not typically found inmost dental offices, with the goal to help their patients feel the best and enjoy life through good dental health.
  • December 2025 Practice Acquisition | New 5 Year NNN Lease – Nikodem Dental partnered with Mortenson in December of 2025 and signed a brand new 5-year NNN lease at the location, providing testament to the tenant’s commitment to the location and continued success going forward.
  • COMPREHENSIVE DENTAL SERVICES | MULTI-DOCTOR LOCATION – Nikodem Dentistry offers a wide range of dental services, including cosmetic dentistry, Invisalign, implant dentistry, general dentistry, gum disease treatment, wisdom teeth and tooth extractions, pediatric dental care, laser dentistry and oral surgery, cosmetic procedures, and oral surgery. This comprehensive approach to oral healthcare ensures multiple revenue streams and caters to the diverse needs of patients.
  • Resistant Healthcare Investment | National Dental Operator – Dental properties are highly sought-after for their security of investment and their resistance to economic downturns and e-commerce trends that affect traditional retail properties.
  • NNN Lease | Passive Ownership Structure | $833K Price Point – This NNN lease provides the owner with a virtually passive income opportunity.
  • Springfield, MO MSA | 250,000+ Residents | Significant Population Growth – There are over 250,000+ residents in a five-mile radius of the property. Springfield is expected to continue it’s steady population growth over the foreseeable future, as it saw the state of Missouri’s largest population growth rate over a four-year span, from 2020 to 2023.
  • Ideal Location Adjacent to Dense Retail Trade Area – Nikodem Dental is strategically located within a concentrated residential and retail corridor, in proximity to major retail anchors like Walmart, Culver’s, Walgreens, etc. The site is also less than 10 minutes from Missouri State University, housing over 27K+ students. The location is also less than 3 miles from Bass Pro Shops Corporate Headquarters.
  • Tenant Investment in Location | Difficulty in Moving | Purpose Built Location — Dental support organizations rarely relocate due to high build-out costs of and difficulty in retaining the same patients after moving.
  • Secure Rental Rate – The base rental rate in place at just$16.50/SF can provide an investor with security and confidence in continued tenant success and happiness.
  • Convenient Highway Access – Proximity to major US Highway 44facilitates easy access for patients and clients, increasing foot traffic and potential business from surrounding areas.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203