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Nikodem Dental - Springfield, MO 3016 Kentwood Ave 3,790 SF Office Building Springfield, MO 65803 $833,800 ($220/SF) 7.50% Cap Rate

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Investment Highlights

  • Mortenson Dental Partners (140+ locations) is the largest group of privately owned doctor-run dental practices in the United States.
  • Nikodem Dental partnered with Mortenson in December of 2025 and signed a brand new 5-year NN lease at the location.
  • This NN lease provides the owner with a virtually passive income opportunity, featuring minimal LL responsibilities
  • The Nikodem Dental brand has been part of the greater Saint Louis community for over 50+ years, with 6 locations in their brand throughout the city.
  • Dental properties are highly sought-after for their security of investment and their resistance to economic downturns and e-commerce trends.
  • Low Rent/SF | Security of Investment | Recent Practice Partnership

Executive Summary

Broker of Record
Kyle Matthews
License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,790 SF
Building Class
B
Year Built
2002
Price
$833,800
Price Per SF
$220
Cap Rate
7.50%
NOI
$62,535
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,790 SF
Building FAR
0.12
Lot Size
0.70 AC
Opportunity Zone
Yes
Zoning
INC.
Parking
22 Spaces (5.8 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • $15.81
  • Apr 2023

Nikodem Dental is St. Louis’ favorite provider of complete dental care for the entire family. For more than 50 years, the Nikodem family has been providing first-rate dental services to the Saint Louis area. At their dental office, they are committed to providing their patients with compassionate and professional dental care of the highest standards in a comfortable and relaxed environment. They utilize the most current dental technologies and techniques to help patients achieve a smile that they can be proud of. At their practice, patients will receive individualized treatment based on a careful diagnosis of their dental health.

  • Springfield Denture
  • Health Care and Social Assistance
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - $15.81 Apr 2023
Springfield Denture Health Care and Social Assistance - - -

Property Taxes

Property Taxes

Parcel Number
12-06-110-009
Land Assessment
$72,100
Improvements Assessment
$60,540
Total Assessment
$132,640
  • Listing ID: 39376583

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: 3016 Kentwood Ave, Springfield, MO 65803

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