ATI Physical Therapy – Addison, IL

ATI Physical Therapy
500 W Lake St, Addison, IL 60101, USA

Sands Investment Group is pleased to exclusively offer for sale the 3,391 SF ATI Physical Therapy NN located at 500 W Lake Street in Addison, IL. ATI, the largest single-brand physical therapy company in the U.S. with 850+ locations across 25 states, has operated at the property since 2015 and recently extended its lease through September 30, 2032. The extension reflects ATI’s continued commitment to the location while providing investors with long-term lease security.

  • Leading National Physical Therapy Operator: ATI Physical Therapy is the largest single-brand physical therapy company in the U.S., with 850+ locations across 25 states.
  • High-Visibility Location Along Lake Street: Strategically positioned along Lake Street with ~33,300 VPD and convenient connectivity to I-290, I-355, and IL-83. O’Hare International Airport is less than 10 miles away, while nearby national retailers include Jewel-Osco, Planet Fitness, McDonald’s, Aaron’s, and Walgreens.
  • Established Healthcare Corridor: Located directly across from Endeavor Health’s Addison Health Center and within a short drive of Endeavor Health Elmhurst Hospital and UChicago Medicine AdventHealth GlenOaks. The surrounding concentration of hospitals, physicians, specialists, and outpatient providers supports a strong healthcare ecosystem and referral base for physical therapy services.
  • 10+ Years of Operating History: ATI has operated at the property since 2015, establishing more than a decade of operating history at the location. The property was renovated in 2015 specifically for ATI’s build-out, further demonstrating the site’s long-standing use as a physical therapy facility.
  • Recent Lease Extension Through 2032: ATI recently extended its lease through September 30, 2032, demonstrating continued commitment to the location and providing investors with additional long-term lease security.

In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429

ATI Physical Therapy
500 W Lake St, Addison, IL 60101, USA

ATI Physical Therapy

ATI Physical Therapy is a leading outpatient rehabilitation provider specializing in physical therapy, sports medicine, workers’ compensation rehabilitation, hand therapy, women’s health, and other specialty services. Founded in 1996, ATI has grown from a single Illinois clinic into a nationwide platform with 850+ locations across approximately 24-25 states, supported by virtual care through ATI CONNECT. The company serves millions of patients and emphasizes evidence-based treatment, standardized clinical protocols, and convenient access to care.

Price

$1,403,172

Cap Rate

7.25%

PREMISES

3,391 SF

YEAR BUILT

1987

YEAR RENOVATED

2015

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

09/30/2032

Lease Type

NN

RENTAL INCREASES

2% Annually

BROKERS

Benjamin Brigham
Los Angeles
Jonathan Silver
Los Angeles
Andrew S. Ackerman
Atlanta

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