Aurora Medical Office
For Sale
Contact for pricing
16889 Menomonee Avenue, Menomonee Falls, WI 53051
Two medical office buildings occupied by Aurora Health Care under absolute net lease terms.
Property Size147,406 SF
Days on Market145
Property Features for 16889 Menomonee Avenue
General Information
Standard status
Active
Size
147,406 SF
Net Rentable
147,406 SF
Property subtype
Office
Occupancy
100%
Building Details
Buildings
2
Building Size
147,406 SF
Tenancy
Single
Listing Agency:
CBRE - Denver Downtown
(720) 635-2653
Listed By:
Chris Bodnar · License #CA 01892501
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Denver Downtown
Investment Insights
Based on property information with market context.
The Aurora Healthcare Portfolio comprises two medical office buildings totaling 147,406 rentable square feet. Both properties are fully leased to Aurora Health Care, a not-for-profit healthcare system serving eastern Wisconsin, with the assets located in the Milwaukee metro area.
Aurora’s leases run through February 29, 2024, and include three successive five-year extension options. The lease structure is absolute net, with no maintenance obligations assigned to the landlord. The portfolio is located at 16889 Menomonee Avenue in Menomonee Falls, Wisconsin, and is positioned as a medical office asset serving a regional healthcare operator.
Aurora’s leases run through February 29, 2024, and include three successive five-year extension options. The lease structure is absolute net, with no maintenance obligations assigned to the landlord. The portfolio is located at 16889 Menomonee Avenue in Menomonee Falls, Wisconsin, and is positioned as a medical office asset serving a regional healthcare operator.
Key Highlights
- Two medical office buildings totaling 147,406 rentable square feet
- 100% leased to Aurora Health Care
- Absolute net leases with no landlord maintenance requirements
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53051, WI
38,562
Population
16,972
Households
2.3
Avg Household Size
44
Median Age
49%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
1,158
Density / Sq Mi
$98,423
Median Household Income
$60,331
Median Earnings
$1,257
Median Rent
$341,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two medical office buildings occupied by Aurora Health Care under absolute net lease terms.
Where is this medical office space located?
The property is located at 16889 Menomonee Avenue Menomonee Falls, WI.
What are key features of this property?
This property features: Two medical office buildings totaling 147,406 rentable square feet; 100% leased to Aurora Health Care; Absolute net leases with no landlord maintenance requirements
