Single-Tenant Office Medical
ATI Physical Therapy
724 E Rollins Rd, Round Lake Beach, IL 60073
Listing Price: $1,551,000
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 3,512-square-foot physical-therapy clinic in Round Lake Beach, IL, in which Athletic & Therapeutic Institute of Bourbonnais LLC has 4.5 years remaining on its double-net lease. The lease features two percent annual rent increases in the firm term and two five-year renewal options.
ATI Physical Therapy sits on an outlot to a Meijer supermarket, with a Meijer Express fuel station, McDonald’s, Wingstop, Arby’s, and 2025-construction Pizza Ranch within the shopping center. The Home Depot, Hobby Lobby, Jewel supermarket, Tony’s Fresh Market, and Kohl’s also operate at the Rollins Road and State Route 83 retail hub.
Located midway between Chicago and Milwaukee, Round Lake Beach offers Metra commuter rail service and easy access to Interstate 94 and O’Hare International Airport. The College of Lake County and pharmaceutical manufacturer Takeda are major employers in adjacent suburbs, and Round Lake Beach is within driving distance of six Fortune 500 headquarters.
Founded in 1996 and headquartered in Downers Grove, IL, ATI Physical Therapy operates more than 850 clinics and provides convenient access to outpatient physical therapy. New York-based private investment firms Knighthead Capital Management and Marathon Asset Management led the merger to take the company private in August 2025.
In addition to annual income increases to offset inflation, this property offers an investor the opportunity to own a strategically placed suburban outlot on an already busy retail corner poised to become even more active when Target and other new developments open.
ATI Physical Therapy
Investment Highlights
- Two Percent Annual Rent Increases in Firm Term and Two Five-Year Renewal Options
- Outlot Within Meijer-Anchored Shopping Center at Intersection of Over 27,800 AADT Rollins Road and Over 24,900 AADT State Route 83
- Target Corporation Building New 148,570-Square-Foot Target Store 0.2 Miles West
- 144,746 People With $129,129 Average Household Income Within Five-Mile Radius
- Northwest Suburban Location Within the 9,434,123-Population Chicago Metro Area
- Privately Held ATI Physical Therapy Operates Over 850 Clinics and Recently Opened New Locations in Texas and South Carolina
Exclusively Listed By
Listing Price: $1,551,000
Investment Highlights
- Two Percent Annual Rent Increases in Firm Term and Two Five-Year Renewal Options
- Outlot Within Meijer-Anchored Shopping Center at Intersection of Over 27,800 AADT Rollins Road and Over 24,900 AADT State Route 83
- Target Corporation Building New 148,570-Square-Foot Target Store 0.2 Miles West
- 144,746 People With $129,129 Average Household Income Within Five-Mile Radius
- Northwest Suburban Location Within the 9,434,123-Population Chicago Metro Area
- Privately Held ATI Physical Therapy Operates Over 850 Clinics and Recently Opened New Locations in Texas and South Carolina
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a 3,512-square-foot physical-therapy clinic in Round Lake Beach, IL, in which Athletic & Therapeutic Institute of Bourbonnais LLC has 4.5 years remaining on its double-net lease. The lease features two percent annual rent increases in the firm term and two five-year renewal options. ATI Physical Therapy sits on an outlot to a Meijer supermarket, with a Meijer Express fuel station, McDonald’s, Wingstop, Arby’s, and 2025-construction Pizza Ranch within the shopping center. The Home Depot, Hobby Lobby, Jewel supermarket, Tony’s Fresh Market, and Kohl’s also operate at the Rollins Road and State Route 83 retail hub. Located midway between Chicago and Milwaukee, Round Lake Beach offers Metra commuter rail service and easy access to Interstate 94 and O’Hare International Airport. The College of Lake County and pharmaceutical manufacturer Takeda are major employers in adjacent suburbs, and Round Lake Beach is within driving distance of six Fortune 500 headquarters. Founded in 1996 and headquartered in Downers Grove, IL, ATI Physical Therapy operates more than 850 clinics and provides convenient access to outpatient physical therapy. New York-based private investment firms Knighthead Capital Management and Marathon Asset Management led the merger to take the company private in August 2025. In addition to annual income increases to offset inflation, this property offers an investor the opportunity to own a strategically placed suburban outlot on an already busy retail corner poised to become even more active when Target and other new developments open.
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