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1116 W Ganson StJackson, MI 49202
MidWest Vision Partners | 2025 10-Year Lease Extension
Asset ClassHealthcare Facility
overview of deal

Overview

Supporting Patients & Physicians Across the Midwest

Through an emphasis on collaboration and excellence, we’re building the premier eye care platform in the Midwest. As we support the needs of eye care professionals across several states, we’re enabling them to provide the best care possible for each patient. To date, our efforts have brought together 140 physicians and over 1,500 employees, all focused on one thing: providing top-notch, customized results for each of our patients.

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Investment Highlights

  • Triple Net Lease Structure - Passive Ownership - Roof was replaced in 2024
  • Growing Practice with Strong Presence and - Backing by Alpine Investors - Specialty Eye Institute Acquired by Midwest Vision Partners in 2020 - Alpine Investors has $18.9 billion AUM
  • Recent 10-year Lease Extension Commenced in February 2025 - Features 2.5% Annual Rental Increases Throughout Term
  • Significant Historical Occupancy - Specialty Eye Institute has been at the location for 40 years, and it is the original location for the practice
  • Strong Growth within Eye Care Industry - The Eye Care Industry is Experiencing Robust Growth, with U.S. Market Value Projected to Reach $33.40 Billion by 2028 Growth is Driven by an Aging Population, Increased Digital Screen Usage, and High Demand for Specialized Services
  • Jackson Michigan is a Regional Healthcare Hub Serving Surrounding Communities - Henry Ford Jackson Hospital (420 beds) anchors the local system - Sustained healthcare growth as more providers move into town every year for residency and training programs
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1116 W Ganson StJackson, MI 49202

Exclusively Listed By

Christopher BiusoManaging Director Investments(813) 210-7741christopher.biuso@marcusmillichap.com
Spencer KochSenior Director Investments(330) 321-5081Spencer.koch@marcusmillichap.com
Giovanni FigueiredoAssociate Director Investments(447) 664-7998Giovanni.figueiredo@marcusmillichap.com

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