5965 Pkwy Blvd Cumming, GA 30040
This exceptional investment opportunity presents a portfolio of three medical office buildings totaling 13,800 square feet, strategically located throughout the Atlanta MSA in Cumming, Johns Creek, and Stockbridge, Georgia. The portfolio is fully occupied by a subsidiary of LifeStance Health, Inc., a leading national provider of outpatient mental healthcare, demonstrating exceptional tenant stability and strong financial performance. LifeStance Health reported over $1.05 billion in revenue in 2023, showcasing significant year-over-year growth. The lease commenced July 1, 2017, with a current remaining term of approximately 2.7 years. The lease includes favorable terms such as 3% annual rent escalations and two, five-year renewal options, providing long-term income security and potential for future appreciation. The properties are situated on a combined 1.09 acres of land and were constructed between 1996 and 2005. The asking price for the entire portfolio is $3,960,000, representing a price per square foot of $286.96. Individual property sales may be considered. This portfolio offers a compelling investment opportunity with a strong tenant, attractive lease terms, and significant growth potential within the thriving Atlanta MSA healthcare market. The properties are located at: 5965 Parkway North Blvd, Cumming, GA 30040
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.