Ally Psychiatry - Sale-Leaseback Portfolio

Investment Overview

The seller offers the portfolio for $2,382,581 through a sale-leaseback and prefers 1 buyer for both assets. The seller may consider individual sales, with allocations of $967,742 for Pelham and $1,414,839 for Montgomery. The parties will close concurrently with lease execution; Ally Psychiatry currently occupies 100% of both freestanding buildings. At closing, Ally Psychiatry will sign new 10-year NNN leases for both sites. Starting rent totals $184,650 per year and $15,387.50 per month, based on a blended $15.00/SF rate. Contract rent will increase 3% annually, while the tenant covers taxes, insurance, and all maintenance. The pro forma projects $169,878 in Year 1 NOI after 5% vacancy and a 3% management fee. An executed confidentiality agreement provides access to tenant financial information.

Investment Highlights

• 7.13% weighted cap rate based on $169,878 projected Year 1 NOI.
• 7.75% unweighted cap rate based on $184,650 annual base rent.
• 10-year NNN leases start at closing with 3% annual increases.
• 100% occupancy spans 2 freestanding medical office properties.
• 12,310 SF portfolio carries a blended $15.00/SF rent.
• 150+ clinicians support Ally Psychiatry’s 8-state behavioral health platform.
• 2 sale paths support portfolio and individual 1031 exchange buyers.