- For sale
Colliers | Wisconsin Investment Services Team is pleased to present the opportunity to acquire the Aurora Health Care
Anchored Wellness Center located in Racine (Mount Pleasant), Wisconsin. Built in 2006, this well maintained medical
office/fitness property consists of 63,236 square feet. The property is 100% leased to four tenants: Aurora Health Care,
Razor Sharp Fitness, Century 21 and The Grind Cafe. With the brand new 11 year Razor Sharp lease, the weighted
average term remaining for this building sits at an attractive 9.3 years. Razor Sharp has invested nearly $300,000 in
their space since 2016. The building has seen recent capital improvements totaling over $150,000 including parking lot
sealcoating and striping (2021) and replacement of several RTUs (2021 & 2017).
The asset is strategically positioned along a highly desirable and frequently traveled commercial/retail corridor
(Highway 20) in Racine. Nearby retailers include Walmart, Kohl’s, Festival Foods, Big Lots and Dollar Tree.