www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29403602
29403603

811 Hazelwest Dr, Hazelwood, MO 63042

AD
CA CA 02037030
Matthews
MM
CA CA 01982943
Matthews
RC
CA 01986299
Matthews
Listed by Matthews
$960,436
21 days on market
Updated 21 days ago

Nikodem Dental | New 5 Yr NN | Low Rent | 140+ Locations

Details
Property Type Office
Sub Type Medical Office
Square Footage 5,112
Net Rentable (SqFt) 5,112
Cap Rate 8.25%
NOI $79,236
Occupancy 100%
Tenancy Single
Brand/Tenant Mortenson Dental Partners
Lease Type NN
Lease Term 5
Remaining Term 5
Rent Bumps Yes
Lease Options 2 x 3 Years
Price per SqFt $188
Broker Co-Op Yes
Class A
Year Built 1990
Buildings 1
Investment Type Net Lease
Ground Lease No
Ownership Fee-Simple

Mortenson Dental Partners | New Practice Acquisition - Fresh Lease | 140+ Location DSO

Investment 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 in most 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 NN Lease – Nikodem Dental partnered with Mortenson in December of 2025 and signed a brand new 5-year NN 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.

  • 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 $15.50/SF can provide an investor with security and confidence in continued tenant success and happiness.

  • Convenient Highway Access - Proximity to major US Highway 270 facilitates easy access for patients and clients, increasing foot traffic and potential business from surrounding areas.

  • Ideal Practice Location; High Traffic Corridor with unobstructed highway frontage

  • Strategically Positioned just outside of a Dense Retail Corridor Consisting of National and Local Tenants, Shopping Centers, Medical Tenants, and Hospitality Accommodations: Nearby Tenants include Target, Walmart Supercenter, Home Depot, Aldi, Chick-fil-A, Chipotle, Dierbergs Markets, Five Below, Marshalls, McDonald’s, Michaels, Petco, PetSmart, Raising Cane’s, Ross Dress for Less, Save-A-Lot, Schnucks, Ulta Beauty, and Walgreens

  • Ideally Located in the St. Louis Metropolitan Region; Dense Trade Area:

    • Hazelwood is a suburb of St. Louis; the city’s location provides easy access to Downtown St. Louis, West St. Louis County, and St. Charles County

    • 150,965 people within a 5-mile radius

  • St. Louis MSA is One of the Largest MSAs in the United States: 2.8 million residents

    • 14 Fortune 1,000 companies are headquartered in St. Louis

    • St. Louis Lambert International Airport (15 minutes from the property) – 15.6 million passengers annually

    • Downtown St. Louis (25 minutes from the property) – Includes Busch Stadium (home to the St. Louis Cardinals), the famous Gateway Arch, the St. Louis Convention Center, and the St. Louis Blues Museum

    • Four Major Universities – Washington University (16,550 students), St. Louis University (13,500 students), University of Missouri–St. Louis (21,000 students), and St. Louis Community College (35,000 students)

Listing Contacts

AD
CA CA 02037030
Matthews
MM
CA CA 01982943
Matthews
RC
CA 01986299
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,236.00
$6,603.00/mo

Valuation Metrics

0
DSCR
8.25%
Cap Rate
8.25%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kyle Matthews
License
2022018843 (MO)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591