- For Sale $11,260,000
- Property Type Retail
- Property Size 37,500 SF
- Lot Size 2.49 Acre
- Cap Rate % 7.65
- NOI / YR $861,451.00
- Building Class B
- Year Built 1978
- Date Updated Jul 6, 2026
Description
Subsidiary of Advocate Health (S&P: AA / Moody’s: Aa2 / Fitch: AA) among healthcare’s highest investment-grade credit profiles » 3rd largest nonprofit health system in the U.S. — 69 hospitals, 1,000+ sites of care across 7 states, 162,000 teammates, and $38.9B in FY2025 revenue » Wisconsin’s dominant healthcare provider and largest private employer — 18 hospitals and 150+ outpatient clinics across 30 communities » Located in the Milwaukee MSA (#41 in the U.S. by population) » E-commerce and recession-resistant tenant » One of Aurora’s busiest outpatient locations in the southern Milwaukee submarket » Strategically positioned in close proximity to Aurora West Allis Medical Center and Aurora St. Luke’s Medical Center, reinforcing the site’s long-term importance to Aurora’s regional footprint » Absolute NNN lease — zero landlord responsibilities » Corporate guaranty from Aurora Health Care, Inc. » Operating history since 2005, with a recently exercised renewal option signaling long-term commitment » 0.5 miles from Southridge Mall (1.18M SF) — Wisconsin’s 2nd-largest regional mall, anchored by Macy’s, JCPenney, Dick’s Sporting Goods, and TJ Maxx » Within the S. 76th Street / Edgerton Avenue corridor — one of southeastern Wisconsin’s most active retail trade areas » Frontage on West Edgerton Avenue (9,300 VPD) with proximity to I-41 (148,000 VPD) » 282,000 residents within 5 miles; average household income exceeds $99,000 within 3 miles
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Contacts
The Boulder Group
Location
Located at 6901 West Edgerton Avenue, Greenfield, WI 53220, this property is part of the Greenfield neighborhood and Milwaukee market.
The Boulder Group