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Virtual Drive-By

ATI Physical Therapy NNN Multi-tenant

1995 N Hwy 77 · Waxahachie, TX 75165 · Physical Therapy

Asking price
$7,455,000
Cap rate
6.00%
NOI
$447,300

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNNN
Term remaining9.5 yrs
Expiration01/2036
Rent bumps—
Options—
Ground lease—
Credit profile—
TenancyMulti

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF10,705
Price / SF$696
Year built2025
Lot size1.10 ac
TypeShopping Center
Days on market155

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

2025 Development: Brand new construction

10 Year WALT: Long-term leases with scheduled rent increases

Dallas-Fort Worth MSA: 8.3 Million Residents, #1 ranked metro area for population growth and net migration

High Traffic Retail Corridor: 35,000+ Vehicles Passing by on Daily Basis along Highway 77

Shadow-anchored to New Tom Thumb: The site benefits from ongoing investment including a new Tom Thumb

Passive Investment: The site has NNN lease structure offering minimal landlord responsiblities

Corporate Backed Leases: Einstein Bros. Bagels, ATI Physical Therapy and CityVet Leases are Corporately Guaranteed

High Growth Submarket: Waxahachie has had 22%+ Population Growth since 2020. Ellis County Projecting 20% Growth Over Next Decade

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

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Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.