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Single-Tenant Medical Office Investment
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2350 S Highway 29, Cantonment, FL 32533

Single-tenant medical office investment with an NN+ lease, featuring a fresh 5-year term and 2% annual rent increases.

Property SizeContact for details
Days on Market121

Property Features for 2350 S Highway 29

General Information

Standard status Active
Property subtype Office

Building Details

Tenancy Single
Listing Agency: SVN | SouthLand Commercial Pensacola
Listed By: Bryan Coughlin · License #FL SL3382579
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | SouthLand Commercial Pensacola

Investment Insights

Based on property information with market context.

SVN Southland Commercial Real Estate is pleased to offer the opportunity to acquire a single-tenant medical office investment property at 2350 S Highway 29 in Cantonment, Florida.

The property is leased to Aggie Dental Center (North American Dental Group), which recently signed a fresh 5-year lease. The lease includes 2% annual rent increases, along with two (2) five (5) year extension options.

The lease is structured on an NN+ basis with limited landlord responsibilities, positioning the asset as a limited management-intensive opportunity for an investor. The offering is described as being located within a rapidly expanding Pensacola, Florida MSA.

Key Highlights

  • Single‑tenant medical office investment property in the Pensacola, Florida MSA
  • Aggie Dental Center recently signed a fresh 5‑year lease
  • Lease includes NN+ structure with limited landlord responsibilities

Property Analytics

Current Use

Sorrento Dental Care Dental Office Robert Barnett Dental Office Dr. Brandi Simmons Dental Office Aggie Dental Center Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

165
Businesses Nearby
Under-served
Demand for This Use

Demographics for 32533, FL

30,517
Population
12,035
Households
2.5
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
77.2 sq mi
ZIP Area
395
Density / Sq Mi
$85,459
Median Household Income
$44,110
Median Earnings
$1,021
Median Rent
$262,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Single-tenant medical office investment with an NN+ lease, featuring a fresh 5-year term and 2% annual rent increases.
Where is this medical office space located?
The property is located at 2350 S Highway 29 Cantonment, FL.
What are key features of this property?
This property features: Single‑tenant medical office investment property in the Pensacola, Florida MSA; Aggie Dental Center recently signed a fresh 5‑year lease; Lease includes NN+ structure with limited landlord responsibilities
More about this property
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