Hopebridge - Marietta, GA

1325 Williams Drive, Marietta, GA, 30066, US

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the Hopebridge Autism Therapy Center in Marietta, GA (“Property” or “Asset”). Hopebridge (the “Tenant”) opened at this location in 2024 and operates on a 10-year net lease with periodic 8% rent growth and minimal landlord responsibilities.

Comprised of 13,800 rentable square feet, this Property is a strategic location for Hopebridge’s mission to support children diagnosed with autism spectrum disorder in an underserved metro Atlanta market. Each child receives one-on-one, specialized therapy with a Hopebridge professional. Hopebridge is owned by Arsenal Capital Partners (“Sponsor”), a prominent private equity firm that focuses on middle market franchises across various sectors including healthcare and industrial. The Sponsor has strengthened Hopebridge’s positioning in the market and established its strategic plan to grow Hopebridge’s footprint throughout the country. Today, Hopebridge operates 113 locations throughout 12 states with additional locations under development.

Located 20 miles Northwest of downtown Atlanta, the surrounding 5-mile radius has experienced an impressive 15% population growth since 2010 and average household incomes within that area exceed $125,000.

This offering provides investors the exceptional opportunity to acquire a behavioral healthcare asset in a major sunbelt market supported by a long-term net lease with a market-leading tenant and attractive rent growth.

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Attributes

Building area net

13,800 sf

Year built

1987

WAULT

9.2 years

Media

Investment highlights

STRATEGIC LOCATION WITHIN A MAJOR U.S. MARKET

Situated 20 miles Northwest of downtown Atlanta, Marietta is widely considered one of the top suburbs of Atlanta. In 2020 Liveability ranked Marietta in its “Top 100 Places to Live in America” due to its accessibility, exceptional school systems, and thriving business environment. This facility was strategically selected due to its strong fundamentals as a growing pocket of Atlanta and access to a wide customer base. Town Center at Cobb, a premier shopping center with more than 4 million annual visits, is located just two miles from the Property and is anchored by Walmart, Costco, and Home Depot.

IDEAL LONG-TERM LEASE WITH PERIODIC RENT GROWTH

Long-term committed Tenant recently executed a 10-year lease with minimal landlord responsibilitiesand highly desirable 8.0% rent increases every 3-years toensure growing equity yield for investors with a passive lease structure.

EXPOSURE TO RECESSION-RESISTENT HEALTHCARE SECTOR & HIGH GROWTH, UNDERSERVED AUTISM TREATMENT MARKET

This offering provides exposure to thedefensive, recession-resistant children’s healthcare industry with tenancy providing ABA-therapy services for apopulation that is currently underserved. Per the CDC, about 1 in36 children in theUS hasbeen identified with autism.

Despite thesignificant and growing population of children diagnosed with autism, there is anoverall lack of autism services in both rural and urban areas throughout the US,with 84% ofUS counties lacking autism diagnostic services, which presents significant opportunity forHopebridge to capitalize on underserved areas indesperate need of care.

In 2024, theautism disorder treatment market size wasvalued at $8.1B and estimated at $9.5B in2026. Themarket is projected to achieve immense growth to $13.1B by 2030, exhibiting a CAGR of 8.5% from 2023 to 2030. While minimal drugs therapies have proven effective, ABA therapy hasproven effective in improving the social and communication skills of autistic patients.