Catylist ID: #30613807
2 Property Portfolio Net Lease Investment Sale CLS 30613807 - 30613742
Office for Sale
|Catylist Listing ID:||30613807|
|Property Subtypes:||Net Leased|
|Building Size (RSF):||11,048 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.60 Acres|
|Unit Price:||$190.08 PSF|
|Property Use Type:||Investment|
|Building Name:||2 Property Portfolio Net Lease Investment Sale|
|Class of Space:||Class A|
|Sale Terms:||Cash to Seller|
Overview / Comments
This is a (2) property portfolio of net leased investment properties to be sold together at a list price of $2,100,000.
Property is being sold as a package deal in conjunction with CLS# 30613742, 2125 Northpoint Blvd., Chattanooga, TN 37343 (https://commercial.gcar.net/listing/30613742). 11,048 sf combined.
The (2) properties are corporate net leased by ATI Physical Therapy, ATI Holdings, LLC.
ATI is a nationally-recognized rehabilitation provider, specializing in research-based physical therapy, worker's compensation rehab, employer worksite solutions, sports rehab, home health, and a variety of specialty therapies.
ATI is headquartered in Bolingbrook, IL, and was founded in 1996. ATI operates 830 clinics in 25 states and ranks number 2 in size in the physical therapy field.
ATI has just entered into a new 5-year NN lease effective June 1, 2020, with one 5- year option to renew. The lease has a $.25 bump in base rent annually. They have been the Tenant since 2013.
Attachments & Media
|Taxing Authority:||Catoosa County, GA|
|Site Description:||Stand alone single tenant building. Lot was just subdivided to Lot 3 and 3A. The sale will not include lot 3A.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Exterior Description:||Steel frame construction with metal siding and roof.|
|Total Parking Spaces:||15|
|Zoning Description:||C-3 Commercial|
|Lot Frontage:||125 feet|
|Proximity:||1 mile||3 miles||5 miles|
Lee T HarperHudson Commercial, LLC Greater Chattanooga REALTORS® Member
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