100 Oak St
Wyandotte, MI 48192
Byrd & Wyandotte Eye Clinic · Retail Property For Sale

The Byrd & Wyandotte Eye Clinic at 100 Oak Street presents an exceptional opportunity to acquire a stable, healthcare-anchored investment in the heart of downtown Wyandotte. Offered at $2,725,000, this fully occupied medical asset delivers durable income backed by a nationally scaled operator and a long-term triple net lease structure that minimizes ownership responsibilities. The property produces $209,605 in annual net operating income, supported by a corporate guarantee and two percent annual rent increases that enhance returns over time. The tenant, EyeCare Partners, recently exercised its first renewal option, reinforcing its commitment to this strategically positioned location.
Originally built in 1953 and renovated in 1989, the clinic combines a well-established medical footprint with desirable downtown visibility. The two-story layout supports a comprehensive ophthalmology program that includes surgical and diagnostic services, advanced treatment technologies and a full optical retail component. EyeCare Partners, the nation’s largest provider of clinically integrated eye care with more than 700 affiliated practices nationwide, brings both operational strength and long-term tenancy stability.
The surrounding market further elevates the property’s appeal. Located less than a mile from Henry Ford Wyandotte Hospital, the asset benefits from proximity to one of the region’s major healthcare anchors, driving consistent patient demand and supporting medical real estate fundamentals. Wyandotte’s vibrant downtown district offers a walkable mix of restaurants, retail, and waterfront amenities along the Detroit River, creating a compelling environment for patients and employees. Within five miles, more than 163,000 residents contribute to a strong demographic base, with average household incomes exceeding $81,000. The area is supported by OPRA and Brownfield incentives, stable housing trends and excellent regional connectivity via I-75, I-94 and Detroit Metro Airport.
Combining credit tenancy, predictable income, minimal management requirements and a prime urban location, 100 Oak Street stands out as a secure, high-quality healthcare investment in a thriving Downriver community.