Office Medical
LifeStance Health | Single-Tenant Medical Office Condo | Atlanta MSA
5965 Pkwy N Blvd, Cumming, GA 30040
Listing Price: $770,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the LifeStance Health medical office condo located in Cumming, GA. Situated within the Creekside Professional Village, the subject property totals 2,800 square-feet and is fully occupied by a subsidiary of LifeStance Health, Inc., (NASDAQ: LFST). Founded in 2017 with over 550+ locations in 33 states, LifeStance now one of the nation's largest providers of virtual and in-person outpatient mental health care. The tenant has roughly 3 years of term remaining with 3% annual escalations and two, 5-year renewal options. The subject property is ideally located less than four miles from the Northside Hospital Forsyth, a major healthcare facility with over 405 beds.
Investment Highlights
- Single-Tenant Medical Office Condo | Fully Occupied by a Subsidiary of LifeStance Health, Inc. (NASDAQ: LFST)
- Strong Tenancy | LifeStance Health Reported Over $1.05B in Revenue for 2023 | One of the Nation's Largest Providers for Outpatient Mental Heath Care | 550+ Locations Across 33 States
- +/- 3 Years of Term Remaining with 3% Annual Escalations & Two, 5-Year Options
- Less than 4 Miles from Northside Hospital Forsyth (405+ Beds | 1,700+ Physicians | 4,000+ Employees)
- Positioned Just Off of Bethelview Rd & 0.5 Miles from Highway 19
Exclusively Listed By
Financing By
Office Medical
LifeStance Health | Single-Tenant Medical Office Condo | Atlanta MSA
Listing Price: $770,000
Investment Highlights
- Single-Tenant Medical Office Condo | Fully Occupied by a Subsidiary of LifeStance Health, Inc. (NASDAQ: LFST)
- Strong Tenancy | LifeStance Health Reported Over $1.05B in Revenue for 2023 | One of the Nation's Largest Providers for Outpatient Mental Heath Care | 550+ Locations Across 33 States
- +/- 3 Years of Term Remaining with 3% Annual Escalations & Two, 5-Year Options
- Less than 4 Miles from Northside Hospital Forsyth (405+ Beds | 1,700+ Physicians | 4,000+ Employees)
- Positioned Just Off of Bethelview Rd & 0.5 Miles from Highway 19
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the LifeStance Health medical office condo located in Cumming, GA. Situated within the Creekside Professional Village, the subject property totals 2,800 square-feet and is fully occupied by a subsidiary of LifeStance Health, Inc., (NASDAQ: LFST). Founded in 2017 with over 550+ locations in 33 states, LifeStance now one of the nation's largest providers of virtual and in-person outpatient mental health care. The tenant has roughly 3 years of term remaining with 3% annual escalations and two, 5-year renewal options. The subject property is ideally located less than four miles from the Northside Hospital Forsyth, a major healthcare facility with over 405 beds.