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8905 S Commercial Avenue - Athletico, Chicago, IL
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8905 S Commercial Avenue - Athletico
Chicago, IL 60617-3202 - South Chicago Submarket
Existing , Renov 2010
.18 AC (7,701 SF)
For Sale Price:
The Boulder Group is pleased to exclusively market for sale a single tenant, Athletico Physical Therapy property located in the
city of Chicago. The Athletico Physical Therapy property is located in a densely populated area with significant barriers to entry.
The building was just retrofitted with significant improvements. The new Athletico Physical Therapy lease is for ten years and
rent is estimated to commence in October 2016. The lease features a 10% rental escalation in the primary term and in each of
the two 5-year renewal option periods.
The 4,535 square foot Athletico Physical Therapy building is located on a corner at the intersection of South Commercial Avenue
and 89th Street. The property is benefitted by its proximity to the Advocate Trinity Hospital which is located approximately one
mile west. Advocate Trinity Hospital treats more than 90,000 patients each year. Retailers located in the immediate trade area
include Walgreens, CVS, Chase Bank, Bank of America, US Bank, MB Financial Bank and McDonald’s. The surrounding area is
densely populated with over 26,000 people living within a one mile radius of the property.
Athletico Physical Therapy is in the field of physical therapy, orthopedic rehabilitation, sports medicine and athletic training.
Athletico began in Chicago in 1991 and today has over 330 facilities throughout Arizona, Illinois, Indiana, Iowa, Michigan,
Missouri, Ohio, South Dakota and Wisconsin, and employs over 4,000 clinical and administrative staff, and offers more than 40
specialty rehabilitation, outreach, and fitness services.
• Located in the city of Chicago
• Brand new ten year lease
• 10% rental escalations every five years throughout the primary term and renewal option periods
• Recently renovated building (2016)
• Tenant is an industry leader with over 300 locations
• Densely populated area with over 26,000 people living within a one mile radius
• Centrally located between two Metra Chicago “L” train stations
• High barriers to entry
• Retailers located in the immediate area include Walgreens, CVS, Chase Bank, Bank of America, US Bank, MB Financial
Bank and McDonald’s
• Advocate Trinity Hospital is located approximately one mile to the west
• Property has drive-thru lane in place for potential residual use
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
The Boulder Group
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