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INVESTMENT HIGHLIGHTS
Long-Term, Net Lease - Minimal landlord responsibilities with 10+ years of LTR. Athletico exercised their option to extend the original lease term early, extending the term to 2034 with a 5.00% rent escalation in 2029
Best-in-Class Tenant with Corporate Guaranty - The Centers for Medicare and Medicaid Services (CMS) recognized Athletico as a top tier provider in 2022 based on its exceptional patient care
Long Operating History - Athletico has been operating at the Property for approximately 15 years
Large, Hard Corner Parcel at Signalized Intersection - The Property benefits from exceptional frontage and visibility at the northeast corner of W Riverside Blvd (23,000+ VPD) & N Main St (16,000+ VPD), a major northwest thoroughfare at a highly trafficked intersection with two points of access to the site
Dense Retail Trade Area with Strong Demographics - The Property is located within a dense retail trade area approximately 4 miles north of downtown Rockford, with over 151,000 residents living within a 5-mile radius of the site
