Credit-Backed Anchor Tenancy – Aurora Health Care

Aurora Health Care (part of Advocate Health, rated Aa3/AA) has occupied space in the building since 1999, offering unmatched tenant stability. Their long-term presence supports the asset’s core investment appeal.

Recent Leasing Momentum with High-Acuity Specialists

The property was recently fully stabilized through the lease-up of Advanced Retina and Wisconsin Spine & Pain—two specialty practices with strong referral networks, long-term leases, and significant TI investments.

Strategic Location in One of Wisconsin’s Most Affluent Suburbs

Mequon boasts an average household income of over $150,000 and ranks among the Milwaukee MSA’s top healthcare corridors. The property is located within the East Mequon Business Park, providing convenient access to I-43 and surrounding high-income neighborhoods.

Efficient Design with Strong Parking Ratio

The two-story, low-density layout and generous surface parking (±4/1,000 ratio) create easy access for patients and are particularly attractive to outpatient providers.

Medical Resiliency and Limited Competitive Supply

Mequon has a high barrier to entry for new medical office construction, and the property is one of the few purpose-built MOBs in the area with space configured for high-acuity care.