Office Medical

Aurora Health Care

603 French St, Peshtigo, WI 54157

Listing Price: $750,000

Cap Rate
8.50%
Gross SF
3,500
Rentable SF
3,500
Price/Gross SF
$214.29
Lot Size
0.60 acres

Investment Overview

Marcus & Millichap is pleased to present Advocate Aurora Health, a single-tenant, 3,500-square-foot medical office building located in Peshtigo, Wisconsin. This asset sits on 0.6 acres of land. It is currently 100 percent occupied with Advocate Aurora Health as the sole tenant. As the 10th largest not-for-profit integrated health system in the United States, Advocate Aurora Health delivers high quality care to all of their nearly three million patients.

On April 2nd of 2019, Advocate Aurora Health signed an agreement to buy 51 percent of the Bay Area Medical Center located 15 minutes away in Marinette, Wisconsin. The full service hospital serves the Marinette, Menominee and Peshtigo area with emergency and trauma services. "The agreement calls for Advocate Aurora Health to contribute $25 million to a new foundation that would focus on supporting health and wellness programs in the Marinette area and at the hospital. Aurora Health Care which merged with Advocate Health Network last year bought a 49 percent stake in Bay Area Medical Center for $43 million in cash and $6.45 million in other consideration in 2014. Since then, Aurora and Bay Area Medical Center have added urgent care clinics, expanded access to primary and specialty care, built a new hospital and moved to electronic health records, Advocate Aurora Health said in a news release."

Investment Highlights

  • Advocate Aurora Health Aa3 Moodys Credit Rating
  • Located in Downtown Peshtigo and in Close Proximity to Major Highways
  • 2009 Build-to-Suit

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Regional Manager

    License(s): WI: 56163-90

    Wisconsin

Office Medical

Aurora Health Care

Listing Price: $750,000

Cap Rate
8.50%
Gross SF
3,500
Rentable SF
3,500
Price/Gross SF
$214.29
Lot Size
0.60 acres

Investment Highlights

  • Advocate Aurora Health Aa3 Moodys Credit Rating
  • Located in Downtown Peshtigo and in Close Proximity to Major Highways
  • 2009 Build-to-Suit

Investment Overview

Marcus & Millichap is pleased to present Advocate Aurora Health, a single-tenant, 3,500-square-foot medical office building located in Peshtigo, Wisconsin. This asset sits on 0.6 acres of land. It is currently 100 percent occupied with Advocate Aurora Health as the sole tenant. As the 10th largest not-for-profit integrated health system in the United States, Advocate Aurora Health delivers high quality care to all of their nearly three million patients.

On April 2nd of 2019, Advocate Aurora Health signed an agreement to buy 51 percent of the Bay Area Medical Center located 15 minutes away in Marinette, Wisconsin. The full service hospital serves the Marinette, Menominee and Peshtigo area with emergency and trauma services. "The agreement calls for Advocate Aurora Health to contribute $25 million to a new foundation that would focus on supporting health and wellness programs in the Marinette area and at the hospital. Aurora Health Care which merged with Advocate Health Network last year bought a 49 percent stake in Bay Area Medical Center for $43 million in cash and $6.45 million in other consideration in 2014. Since then, Aurora and Bay Area Medical Center have added urgent care clinics, expanded access to primary and specialty care, built a new hospital and moved to electronic health records, Advocate Aurora Health said in a news release."

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Regional Manager

    License(s): WI: 56163-90

    Wisconsin

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