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    Johns Creek Healthcare/Assisted Living Facility

    5690 State Bridge Road Johns Creek, GA 30022

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    For Sale
    Contact for pricing

    Healthcare/assisted living facility in affluent Johns Creek submarket.

    Type:Senior Living
    Property size:
    44,716 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $212/SF
    Added:
    May 11, 2026
    Days on Market:
    62
    Last Refresh:
    Jul 2 at 9:02 am

    Property Features for 5690 State Bridge Road

    General Information

    Standard status
    Active
    Size
    44,716 SF
    Lot size
    2.00 Acres
    Property subtype
    Senior Living

    Building Details

    Year Built
    1997

    Listing office KW Commercial First Atlanta

    Listing date May 11, 2026

    Source Crexi

    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 KW Commercial First Atlanta

    Investment Insights

    Based on property information with market context.

    Located along State Bridge Road in Johns Creek, the property at 5690 State Bridge Road offers an opportunity for healthcare, assisted living, behavioral health, rehabilitation, or specialty housing operators. Previously operated as Ivy Hall assisted living facility, the property is situated on an approximately 2-acre campus. It was previously licensed for 59 beds, with the potential for additional bed capacity subject to licensing and regulatory approvals. The current ownership plans to pursue licensing for up to 100 beds upon completion of the ongoing renovations. The property benefits from accessibility, surrounding demographics, and proximity to residential communities, medical providers, and commercial amenities. The property is currently vacant and undergoing renovations, providing an opportunity for a new operator or owner-user to customize the facility. The property size is 44716 square feet.

    Key Highlights

    • Prime location on highly trafficked State Bridge Road in Johns Creek.
    • Previously licensed for 59 beds as an assisted living facility, with potential to expand to 100 beds.
    • Opportunity for healthcare, assisted living, behavioral health, rehabilitation, or specialty housing operators.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $1.16M $26.04
    − Vacancy −$72.2k −$1.61
    EGI $1.09M $24.43
    − OpEx −$491.5k −$10.99
    NOI $600.7k $13.43
    44,716 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $8.58M
    $7.51M – $10.01M (±1% cap)
    NOI $600,716 @ 7.0% cap · market cap 6.32%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $12.50M
    $10.94M – $14.58M (±1% cap)
    NOI $874,988 @ 7.0% cap · market cap 9.21%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Assisted living facilities

    Suggested Use

    Parking Lot & Garage HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

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    Similar Off Market Nearby

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    FAQs

    What type of property is this?
    Assisted living facility - Healthcare/assisted living facility in affluent Johns Creek submarket.
    Where is this assisted living facility located?
    The property is located at 5690 State Bridge Road Johns Creek, GA.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: Prime location on highly trafficked State Bridge Road in Johns Creek.; Previously licensed for 59 beds as an assisted living facility, with potential to expand to 100 beds.; Opportunity for healthcare, assisted living, behavioral health, rehabilitation, or specialty housing operators.
    Contact an agent
    (404) 531-5700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charlie Gonzalez
    Charlie Gonzalez
    Real Estate License ID: 361032
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