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201 E Morrissey Dr
Elkhorn, WI 53121
Advocate Aurora Health MOB · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
29,540 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Typical Floor Size
29,540 SF
Building FAR
0.16
Lot Size
4.16 AC
Parking
133 Spaces (4.5 Spaces per 1,000 SF Leased)

ABOUT 201 E MORRISSEY DR , ELKHORN, WI 53121

Advocate Aurora Health MOB is a 29,540-rentable square foot medical facility located in Elkhorn, Wisconsin within Walworth County. Built in 2013, the facility was constructed specifically for Aurora Health Care and features a brick and masonry exterior and a covered drive-thru entrance. A total 133 parking spaces are offered on the ±4.16-acre site, or 4.5 spaces per 1,000 rentable square feet. The Property is 100% leased to Aurora Health Care through December 2028 on a triple net basis with 2% annual rent increases and three, five-year options to renew. With their recent merger, Advocate Aurora Health is now the 10th largest not-for-profit, integrated health system in the US, and consists of 27 hospitals, 63 Walgreen’s Clinics, more than 500 outpatient locations and an estimated $11 billion in annual revenue. Services offered at this location include laboratory services, behavioral health, urgent care and an ambulatory anticoagulation clinic. Advocate Health Care and Aurora Health Care have individually earned ‘Aa2’ and ‘A2’ investment grade credit ratings from Moody’s, respectively.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
YA443300001
Land Assessment
$181,000
Improvements Assessment
$8,113,000
Total Assessment
$8,294,000
  • Listing ID: 13134195

  • Date on Market: 7/11/2018

  • Last Updated:

  • Address: 201 E Morrissey Dr, Elkhorn, WI 53121

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