713 W Wade Hampton Blvd
Greer, SC 29650
ATI Physical Therapy · Office Property For Sale

Marcus & Millichap is pleased to present the fee-simple ownership interest in 713 West Wade Hampton Boulevard, Greer, South Carolina 29650. ATI Physical Therapy occupies the site under a brand new eleven-year Triple-Net lease structure featuring attractive two percent rental escalations and two five-year renewal options. The lease is guaranteed by ATI Holdings Inc. an Moody’s Ba2 rated company that provides leading services in physical therapy, workers compensation rehab, sports medicine, home health, and many more therapies offered throughout the United States. Current annual rental revenue generates $93,000 per year, with a two-percent escalation commencing April of 2020 yielding a pro-forma capitalization rate of 6.38 percent. The property is strategically positioned off Highway 29, boasting excellent frontage and ease of access. The site possesses two points of ingress/egress, offering ease of access for both patients and physicians. This property offers an investor the opportunity to acquire a long-term passive asset, featuring generous rental escalations and renewal terms. Parcel boasts excellent frontage and is corporately guaranteed by ATI Holdings Inc. Landlord is only responsible for roof replacement and structure.