

ATI - Clarkston, MI
Longstanding Nationally Branded Physical Therapy Clinic
Marketing description
Constructed in 1988 and situated in the desirable community of Clarkston, MI, this freestanding ATI Physical Therapy investment is corporately guaranteed and the lease features annual 3% rent escalations. This single-tenant investment property is being offered at an asking price of $845,000 (7.5% capitalization rate). The landlord is responsible for common area maintenance, the roof, and HVAC. There are approximately three (3) years of term remaining on the current lease.
This facility has been utilized for physical therapy for several decades as ATI purchased the operations of Dwight Orthopedic. Clarkston is a highly desirable, charming community on the northern edge of metropolitan Detroit. This investment benefits from its position in between downtown Clarkston and the I-75 interchange.
Investment highlights
- Guarantor: Athletic & Therapeutic Institute of Naperville, LLC
- Year One Rent: $68,133.60
- Rental Escalations: Annual Rent Escalations of Three Percent (3%) to Occur on April 1st of Each Year
- Option Rent: Not Predetermined and Subject to Negotiation
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