Sold Subscription Required
| Price $2,575,220 | Built/Renov 2018 | Tenant Aurora Health Center |
| Cap Rate 6.75% | Lease Type
Double NN | Guarantor Corp Rated |
| Size/SF
4,540
| Lease Start
09-17-2018
| #Units
237
|
| Price/SF $567.23 | Expiration
09-30-2038
| Tenant Type Medical/Health |
| NOI $173,827 | R. Term 14.0 | Ownership Fee Simple |
| Rent/SF
$38.29
| Increases 1.0%/1/yrs | Pop 5Mi 22,872 |
| Lot/AC 1.70 | Options 4/5yrs/1% | AHHI 5Mi $65,560 |
| | |
The 4,540-square-foot building is located along 10th Street (Hwy 41) which is a primary thoroughfare for the area and experiences over 18,900 vehicles per day. Retailers in the area include Burger King, True Value, Perkins, Little Caesars Pizza, Dollar General, A&W, Shell, McDonald’s, & Taco Bell. The property is also one mile from the Menominee-Marinette Regional Airport and across from the...
...Build to suit
Major thoroughfare
Near major nationals
Strategically located
Highway location
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
Investment grade tenant
Credit rated company
Aurora Health Care is an integrated, not-for-profit health care provider serving communities throughout eastern Wisconsin and northern Illinois. Aurora got its start in 1984 when two established...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,148 | 18,583 | 22,510 |
| 2023 Total Population : | 5,190 | 18,829 | 22,841 |
| 2023 Employed Civilian Pop : | 2,560 | 8,658 | 10,429 |
| 2023 Total Businesses : | 249 | 859 | 1,149 |
| 2023 Average Household Income : | $ 68,058 | $ 66,970 | $ 68,284 |
| 2023 Total Consumer Spending : | $ 157 M | $ 518 M | $ 639 M |
| 2023 Median Age : | 45 | 44 | 45 |
| 2023 Total Households : | 2,605 | 8,720 | 10,559 |
| 2023 Pop Age 25+: Bachelor's Degree : | 399 | 1,789 | 2,304 |
| 2023 Average Home Value : | $ 137,001 | $ 144,600 | $ 153,331 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 10th St | 23rd Ave | 2015 | 18,900 | 0.14 mi |
| 150 FEET N OF 18TH (IN MENOMINEE) | Sheridan Cir | 2021 | 69 | 0.27 mi |
| BETWEEN 20TH AND 21ST | 20th Ave | 2021 | 5,452 | 0.32 mi |
| US 41 | 26th Ave | 2021 | 16,204 | 0.38 mi |
| BETWEEN 15TH AND 16TH (IN MENOMINEE) | 16th St | 2021 | 1,041 | 0.41 mi |
| US 41 | 30th Ave | 2021 | 16,278 | 0.42 mi |
| 18th Ave | 17th Ave | 2021 | 2,428 | 0.42 mi |
| BETWEEN 16TH AND 17TH (IN MENOMINEE) | 16th St | 2021 | 1,446 | 0.59 mi |
| BETWEEN 16TH AVE AND 17TH AVE (IN MENOMINEE) | 14th St | 2021 | 573 | 0.59 mi |
| 23rd Ave | 20th Ave | 2021 | 991 | 0.60 mi |
Saint Michael, MN
Cap Rate 6.50%
Lease NN+
R. Term 5.30 yrs
Size/SF 4,273
Fort Myers, FL
Cap Rate 6.20%
Lease Double NN
R. Term 5.60 yrs
Size/SF 4,200
Catskill, NY
Cap Rate 6.50%
Lease NN+
R. Term 8.10 yrs
Size/SF 3,515
Hackensack, NJ
Cap Rate 7.03%
Lease NN+
R. Term 2.30 yrs
Size/SF 6,428
Daphne, AL
Cap Rate 6.55%
Lease NN+
R. Term 13.11 yrs
Size/SF 3,762
Longwood, FL
Cap Rate 6.00%
Lease NN+
R. Term 8.10 yrs
Size/SF 5,826
Lenoir, NC
Cap Rate 6.00%
Lease Double NN
R. Term 8.11 yrs
Size/SF 3,500
Willingboro, NJ
Cap Rate 7.25%
Lease NN+
R. Term 5.90 yrs
Size/SF 7,496
Rapid City, SD
Cap Rate 6.25%
Lease NN+
R. Term 9.30 yrs
Size/SF 3,540
Lincoln, AL
Cap Rate 6.35%
Lease NN+
R. Term 13.70 yrs
Size/SF 3,726
Navarre, FL
Cap Rate 6.75%
Lease Double NN
R. Term 9.00 yrs
Size/SF 5,626
Kernersville, NC
Cap Rate 6.00%
Lease NN+
R. Term 7.80 yrs
Size/SF 4,200
Greenbrier, AR
Cap Rate 7.45%
Lease NN+
R. Term 14.10 yrs
Size/SF 2,740
North Aurora, IL
Cap Rate 6.25%
Lease NN+
R. Term 8.11 yrs
Size/SF 3,756
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
