Overview
Matthews Real Estate Investment Services™ is pleased to offer a single tenant medical office for sale to qualified investors. This well-kept asset is located in a favorable market within the Atlanta MSA, adjacent to Piedmont Henry Hospital (259 beds) and situated within a bustling medical corridor. With quick access to I-75 leading to Atlanta, this clinic’s location is prime for any medical clinic and holds an intrinsic value best served by healthcare real estate.
The space is leased to Lifestance Health, a national operator with 550+ clinics, which also provides additional reach via telehealth. As a major provider to a fast-growing industry, Lifestance Health provides patients various types of care for adults and children.
Given the 8.75% cap rate and 3% annual increases, this asset provides favorable fundamentals to investors seeking healthcare real estate. After reviewing this offering memorandum, feel free to reach out with questions about this opportunity, or for a competitive debt quote.
Investment Highlights
- Healthcare Real Estate: Medical clinics are an essential service that tends to remain in a set location for years or even decades. As a sector with a notable demand for space, healthcare real estate supplies that need and creates added value and favorable tenants for investors.
- Growing Rental Rate: The 3% annual rental increases included with this lease not only create a hedge against inflation, but also ensure a growing rental rate to keep this asset in line with market trends.
- Advantageous Return: An 8.75% cap rate gives most investors enough room to have substantial positive leverage in year one, especially with today’s interest rates in mind.
- Strong Metro Area: Atlanta is the largest city in Georgia and one of the top cities in the southeast as a central economic hub. With a strong healthcare sector, robust job market, and massive state surplus, this MSA provides intrinsic value to properties and providers.
- Ideal Medical Location: 250 Corporate Center is located within a medical corridor and less than one-half mile from the 259-bed Piedmont Henry Hospital. With a likelihood of a referral network and location familiarity, this property is an exemplary location for healthcare real estate.
- Retail Centric: Various national retail tenants surround this property such as Chick-fil-A, Starbucks, UPS, Chase Bank, and Walgreens.
- Easy Accessibility: Patients and practitioners can easily access this property, just off highway 75, which sees over 150,000 daily vehicles and provides a direct shot to downtown Atlanta.
- Growing Sector: The U.S. behavioral health market, which includes psychiatry and psychology services, was estimated at USD 87.82 billion in 2024. This market is projected to reach USD 132.46 billion by 2032, with a compound annual growth rate (CAGR) of 5.3%.
- National Operator: LifeStance is one of the largest behavioral health operators in the country with over 550 clinics in addition to their telehealth services.
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