Ally Psychiatry - Sale-Leaseback Portfolio
Office | 7.62% CAP | 13,430 SqFt
Marketing description
Lee & Associates Charlotte, led by Benjamin Bivens, CCIM, & Jennifer Stein Real Estate, Inc are pleased to present the Ally Psychiatry Sale-Leaseback Portfolio, a rare opportunity to acquire a 100% occupied, single tenant net leased medical office portfolio with immediate, long-term cash flow. The offering consists of three fully occupied assets totaling 13,430 square feet, strategically located in Franklin, TN; Pelham, AL; and Montgomery, AL. Each property will be subject to a brand-new 10-year NNN lease at closing, providing investors with secure income backed by a well-established and growing healthcare operator. The leases feature 3% fixed annual rent escalations and require the tenant to cover all taxes, insurance, and maintenance, minimizing landlord responsibilities and enhancing predictable returns.
The portfolio generates a blended annual base rent of $218,250, equating to an attractive blended rate of $16.25/SF, with asset-level rents ranging from $15.00 to $30.00/SF based on location and building type. At the projected Year 1 NOI of $200,790, the offering is priced at $2,862,581, representing an attractive 7.0% cap rate which includes a general vacancy factor. The asset produces a 7.40% cap rate without including a general vacancy factor. This pricing will offer investors a compelling yield profile in today’s competitive healthcare real estate market.
Ally Psychiatry (RRPA), founded in 2008 by Dr. Shankar Yalamanchili, is a multistate behavioral healthcare platform headquartered in Montgomery, AL. The practice employs approximately 150 clinicians across 8 states including Alabama, South Carolina, Kentucky, and Tennessee, delivering outpatient psychiatry, psychotherapy, interventional psychiatry (ECT & TMS) and neuropsychological testing. The company’s broad service offerings, founder-led stability, and recession-resistant focus on behavioral health position it as a high-quality, longterm tenant. The organization’s reach and patient-centered care model have enabled strong market penetration and diversified revenue streams, ensuring continued operational resilience.
The portfolio’s locations further enhance its investment profile. Franklin, TN is an affluent Nashville suburb with strong healthcare infrastructure and consistent population growth. Pelham, AL, in the Birmingham metro area, benefits from proximity to multiple hospitals and growing medical demand. Montgomery, AL, the state capital, serves as a major healthcare hub supported by stable government, education, and military employment bases. This combination of a strong tenant, long-term lease stability, and strategically selected markets creates an outstanding opportunity for investors seeking durable income, above-market yields, and exposure to the high-growth behavioral healthcare sector.
Investment highlights
- 3 PROPERTIES Medical Office Assets: Franklin, TN | Pelham, AL | Montgomery, AL
- SF TOTAL SIZE: 13,430 SF
- 100% OCCUPANCY Single tenant (Ally Psychiatry)
- ANNUAL BASE RENT: $218,250
- $16.25 PSF Blended
- NNN LEASE TYPE: NNN
- 10-year NNN leases commencing at COE with 3% annual escalations
- Tenant Responsible for Taxes, Insurance, and all Maintenance
- Franklin, TN: Affluent Nashville suburb, strong healthcare cluster anchored by Wil‑ liamson Medical Center; consistent population and income growth.
- Pelham, AL: Birmingham metro suburb with proximity to multiple hospitals; high-quality--of--life market with growing medical services demand.
- 3 Montgomery, AL: State capital and healthcare hub with multiple hospital systems; stable government, education, and military employment base.
- Long-Term Stability: New 10-year NNN leases with established healthcare provider.
- Attractive Yield: Cap rates in the 7.0–8.75% range, above most comparable medical office trades.
- Healthcare Real Estate Demand: Strong buyer appetite for mission-critical, specialty-medical assets
- Recession-Resistant Sector: Behavioral health services seeing sustained, long-term growth.
- 1031 Exchange Eligible: Portfolio offers multiple options for exchange buyers seeking stable income.
- Structure: Portfolio sale; preference for single buyer but willing to consider individual asset sales.
- Closing: Concurrent with lease execution (sale-leaseback).
- Confidentiality: Tenant financials available upon execution of CA.
- 109 Holiday Court, Suite D10 Franklin, TN 37067 Williamson County
- Pricing $480,000
- Year Built 1984
- Property Class B
- Property Type Condominium Unit
- Zoning RC6
- Regional Commerce 6
- Size (SF) 1,120 SF
- Site Size (Acres) ± 0.00 acres
- Parcel ID 079F B / 01800C02409079K
- 333 Business Circle Pelham, AL 35124 Shelby County
- Pricing $967,742
- Year Built 1999
- Property Class C
- Property Type Freestanding
- Zoning M-1
- Light Industrial District
- Size (SF) 5,000 SF
- Site Size (Acres) ± 0.11 acres
- Parcel ID 13 6 13 2 002 002.008
- 7125 University Ct Montgomery, AL 36117 Montgomery County
- Pricing $1,414,839
- Year Built 1998
- Property Class B
- Property Type Freestanding
- Zoning B3
- Highway Commercial
- Size (SF) 7,310 SF
- Site Size (Acres) ± 0.59 acres
- Parcel ID 09 05 16 2 000 002.016
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