Centria Healthcare - Custer Ave, ATL, GA

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the fee simple interest in the newly-renovated Centria Healthcare ABA Autism Therapy Center located in Atlanta, GA. (the “Property” or “Asset”).

Comprised of 9,989 rentable square feet, this Property is a strategic location for Centria Healthcare (“Centria” or the “Tenant”) to provide Applied Behavior Analysis (“ABA”) to children diagnosed with autism spectrum disorder in an underserved Atlanta market. Centria has committed to a 14-year absolute NNN lease and has invested heavily in the site’s development, demonstrating its long-term commitment to the location.

Centria is owned by THL (“Sponsor”), a prominent global private equity firm founded in 1974 that focuses on middle market growth companies across various sectors including healthcare, consumer, business solutions, technology and financial technology. The Sponsor has strengthened Centria’s positioning in the market and established its strategic plan to grow Centria’s footprint throughout the country, with de novo site expansion expected to result in 40+ new sites nationwide in the next two years. This property is a profit center essential to Centria’s operational plan. Centria’s de novo sites ramp up extremely quick with each site cash flow breakeven in months 4-8, reaching full stabilization by month 18.

This offering provides investors the exceptional opportunity to acquire a behavioral healthcare asset in a major sunbelt market supported by a long-term absolute NNN lease with strong tenancy and attractive 2.50% annual base rent growth.