ATI Physical Therapy
Single Tenant Investment For Sale
Marketing description
Introducing an exciting investment opportunity at ATI PHYSICAL THERAPY located at 2701 Sheridan Road, Zion, IL 60099. This single-tenant property features a new 10-year lease with a well-established tenant, offering a stable income stream. With a sale price of $1,373,000 and a cap rate of 6.25%, this investment promises a solid return.
The property boasts a prime location on a signalized hard corner with excellent visibility, attracting over 18,200 consumers daily. Notable highlights include 2% annual rent increases, a 'Naked Lease' structure offering landlord leverage, and an NOI of $85,868. Investors will appreciate the landlord responsibility for roof, structure, and parking lot maintenance, with expenses reimbursed through CAM.
Additionally, the demographic profile reveals a robust local economy with an average household income exceeding $98,152 within a five-mile radius. Don't miss out on this lucrative investment opportunity at the ATI PHYSICAL THERAPY property in Zion, IL. Reach out to learn more about this premier investment.
Investment highlights
ATI Exercised its Two Remaining Option Periods | New 10-Year Term
2% Annual Increases Throughout Base Term
Location Averages 14K+ Visits Per Year (Placer.ai)
'Naked Lease' Offers Landlord Leverage | ATI Does Not Have Any Options Remaining
New Roof in March 2015 with 15 Year Transferable Warranty
Located on Signalized Hard Corner with Great Visibility from Sheridan Road with Over 18,200 VPD+
Landlord Responsible for Roof/Structure/Parking Lot | Reimbursed from Tenant through CAM
Investment Property is Approximately 40 Miles North of Downtown Chicago
Average Household Income Exceeds $98,152 Within a Five Mile Radius
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
