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Ati Physical Therapy 724 E OFFERING MEMORANDUM Subject Property Render Photo ATI PHYSICAL THERAPY 724 E. Rollins Road Round Lake Beach,Illinois 60073 NON-ENDORSEMENT AND DISCLAIMER NOTICE Disclaimer THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Mil- lichap Real Estate Investment Services, Inc. © 2019 Marcus & Millichap. All rights reserved. Non-Endorsements Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS. Property Name: ATI PHYSICAL THERAPY Location: Round Lake Beach, Illinois Act ID: ZAB0370401 SPECIAL COVID-19 NOTICE All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermedi- aries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all poten- tial buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making. A Progressive Vision With exceptional, patient-centered care, trusted expertise and remarkable outcomes, our goal is to exceed customers' expectations-every day, in every clinic. ATI is a nationally-recognized rehabilitation provider, specializing in research-based physical therapy, workers’ compensation rehab, employer worksite solutions, sports medicine, home health, and a variety of specialty therapies. Source:www.atipit.com Named Best Physical Therapy Practice in the Nation Our Patients Love Us! Close to Home We Treat the Pros Dedicated to Research Accept Most Insurances Complimentary Injury Screenings Helping Children with Physical Impairments Property Analysis section 1 OFFERING PRICE CAP RATE $1,701,125 6.40% Price $1,701,125 Cap Rate 6.40% Initial Cash-on-Cash Return 7.32% Price/SF $484.38 Lease Type NN Gross Square Feet 3,512 Year Built 2020 Occupancy 100% NOI $108,872 ATI Physical Therapy is an outpatient orthopedic private practice that focuses on providing high-quality rehabilitation services. ATI distinguishes itself in the rehabilitation industry by taking a comprehensive, whole body approach with emphasis on hands-on, one- to-one care. ATI Physical Therapy was named the “Best Physical Therapy Practice” in the nation by Advance Magazine for performing exceptionally strong in all areas of assessment including patient care and growth, employee training and retention, services, community presence, facilities, and company expansion. Founded in 1996, ATI Physical Therapy began with one clinic in Willowbrook, Illinois. Today, ATI is the largest physical therapy company under one brand name in the United States. ATI has close to 900 clinic locations. ATI offers patient-centered care and evidence-based services in physical therapy, aquatic therapy, hand therapy, sports medicine, work conditioning/ hardening, industrial health services, and women’s health. Source:www.atipt.com ATI PHYSICAL THERAPY Website www.atipt.com Founded 1996 Number of Locations 900 Corporate Headquarters Bolingbrook, Illinois About ATI Leading the industry, ATI has built a differentiated platform in therapy that is focused on our patients. A Progressive Vision With exceptional, patient-centered care, trusted expertise and remarkable outcomes, our goal is to exceed customers' expectations—every day, in every clinic. ATI is a nationally-recognized rehabilitation provider, specializing in research-based physical therapy, workers’ compensation rehab, employer worksite solutions, sports medicine, home health, and a variety of specialty therapies. The ATI Difference “It’s always a good day at ATI.” That’s what our patients tell us. So we’re committed to being the bright spot in your day. Named Best Physical Therapy Practice in the Nation Our Patients Love Us! Close to Home We Treat the Pros Dedicated to Research Accept Most Insurances Complimentary Injury Screenings Helping Children with Physical Impairments Source:www.atipt.com ATI Physical Therapy Opens 10 New Clinics, in 6 States in December, Closing Out Another High-Growth Year Bolingbrook, Ill., December 11, 2019 ATI Physical Therapy (ATI), one of the nation’s largest providers of physical therapy services, is proud to announce a tremendous year of growth with 69 total clinic openings throughout the country, including 10 new clinics opening this month alone. This figure, along with significant performance data from the rest of 2019, shows notable progress for the company, as measured by key metrics of new clinic openings and same-store growth. Throughout October and November of 2019, 14 clinics opened across the country, including seven new clinic locations over the course of 10 days in Texas and South Carolina, two states which ATI has seen an increased need for physical therapy services, along with Michigan, Arizona and points in between. ATI attributes its growth and continued progress to results-driven, patient-centered care, along with delivering a trusted experience that patients expect and can rely upon. “For me, opening new clinic locations is exciting. It’s an opportunity to bring needed physical therapy services to more people to help improve their health and quality of life. These openings reflect the proven, measurable results and value that physical therapy provides throughout the country,” said Labeed Diab, Chief Executive Officer of ATI. “I’m proud to lead an organization that contributes to consistent, high standards of care and helps patients understand the benefits of physical therapy. While these recent accomplishments are a result of ATI’s collective hard work and clinical excellence over many years, we continue to find ways to improve our organization every day for the benefit of our patients and team members.” “A sign of a healthy organization is its ability to grow,” said Nate Bard, Chief Growth Officer. “ATI is on a great track for continued growth and is headed towards leading the industry in changing how consumers think about and utilize physical therapy services.” ATI is a privately held, nationally recognized healthcare company, specializing in outpatient rehabilitation and adjacent healthcare services. With a focus on delivering a remarkable experience to every patient, every day, ATI has close to 900 locations from coast to coast. ATI was named “Best Physical Therapy Practice in the Nation” by ADVANCE magazine and was one of the first physical therapy companies in the country to achieve URAC Core Accreditation, a mark of distinction that recognizes its commitment to quality healthcare. Based in Bolingbrook, Illinois, ATI gives back to communities across the country through the ATI Foundation, a non-profit established by ATI, which has provided more than $5 million in resources and funding to children with physical impairments. For more information on ATI Physical Therapy, and a complete list of clinic locations, services and the ATI Foundation, please visit ATIpt.com. Source:www.atipt.com Advent International to acquire majority stake in ATI Physical Therapy Investment to strengthen ATI’s leadership in existing regional markets and accelerate its expansion in new markets across theUnited States BOSTON, MA and BOLINGBROOK, IL, March 29, 2016 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire a majority ownership interest in ATI Physical Therapy (“ATI”), a leading outpatient physical therapy provider in the United States, from KRG Capital Partners. ATI’s current management team, led by Dylan Bates, will retain a significant minority stake in the company and continue to lead ATI. Financial terms were not disclosed. The transaction, which is subject to regulatory approval and other customary closing conditions, is expected to be completed in the second quarter of 2016. “We are pleased to welcome Advent as our new investment partner,” said
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