Smart Smiles Orthodontics & Wild Smiles 3201 Olive Rd 4,514 SF Office Building Pensacola, FL 32514 $2,416,765 CAD ($535.39 CAD/SF) 6.50% Cap Rate

Matthews Real Estate Investment Services is pleased to exclusively offer the opportunity to acquire an absolute NNN leased dental and orthodontic facility in Pensacola, Florida, occupied by Smart Smiles Orthodontics and Wild Smiles Pediatric Dentistry. The lease is backed by a personal guarantee from ownership, providing additional security and reinforcing long-term commitment to the location.
The investment offers a highly passive ownership structure with the tenant responsible for all maintenance, taxes, insurance, and capital expenditures. The lease also features 3% annual rent increases, creating built-in income growth and long-term cash flow stability.
The property underwent a significant interior renovation in 2023, including a full gut remodel with updated finishes, fixtures, and modernized improvements throughout. The specialized dental buildout and existing infrastructure create high replacement costs and support strong long-term tenant retention.
Strategically positioned within a dense residential corridor of Pensacola, the property benefits from strong surrounding demographics and consistent demand drivers for pediatric and orthodontic services. The location also offers convenient access to Interstate 10, North Davis Highway, and Nine Mile Road, providing strong connectivity throughout the greater Pensacola market.
The affiliated practices are operated by a team of four dentists and orthodontists and benefit from an established recurring patient base built over years of successful operations within the market, supporting long-term operational stability and occupancy continuity.