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Office Medical

LifeStance Health | Single-Tenant Medical Office | Atlanta MSA

10090 Medlock Bridge Rd, Johns Creek, GA 30097

Listing Price: $1,635,000

Cap Rate
7.00%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$272.50
Occupancy
100.0%
Year Built
2004
Lot Size
0.55 acres

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the LifeStance Health medical office located at 10090 Medlock Bridge Rd, Johns Creek, GA. Located within the Atlanta MSA, the subject property totals 6,000 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 Duluth, a major healthcare facility with over 120 beds.

Investment Highlights

  • Single-Tenant Medical Office Building | 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
  • Located in a Medical & Professional Office Corridor | Less than 3.5 Miles from Northside Hospital Duluth (120+ Beds | 1,300+ Employees)
  • Positioned Just Off of Medlock Bridge Rd | Strong Demographics in Immediate Surrounding Area

Exclusively Listed By

Financing By

Office Medical

LifeStance Health | Single-Tenant Medical Office | Atlanta MSA

Listing Price: $1,635,000

Cap Rate
7.00%
Gross SF
6,000
Rentable SF
6,000
Price/Gross SF
$272.50
Occupancy
100.0%
Year Built
2004
Lot Size
0.55 acres

Investment Highlights

  • Single-Tenant Medical Office Building | 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
  • Located in a Medical & Professional Office Corridor | Less than 3.5 Miles from Northside Hospital Duluth (120+ Beds | 1,300+ Employees)
  • Positioned Just Off of Medlock Bridge Rd | Strong Demographics in Immediate Surrounding Area

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the LifeStance Health medical office located at 10090 Medlock Bridge Rd, Johns Creek, GA. Located within the Atlanta MSA, the subject property totals 6,000 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 Duluth, a major healthcare facility with over 120 beds.

Exclusively Listed By

Financing By

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