Healthcare Property Investment
208 Morrow Street Mena, AR 71953
208 Morrow Street, Mena, AR, 71953
$655,000
For Sale
$655,000
Healthcare investment property fully occupied by MyEyeDr with lease renewal.
Property Size4,284 SF
Price / SF$152.89
Days on Market110
Property Features for 208 Morrow Street
General Information
- Standard status
- Active
- Size
- 4,284 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing agency
Delta Properties
(479) 317-1372
Listed by
Ashley Habiger · License #PB00093413
(479) 317-1372
Source
Exitrealty
Added: Apr 3 Updated: Jul 6 at 1:58PM Checked: Jul 21 at 4:36AM
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Investment Insights
Based on property information with market context.
This healthcare real estate investment property is fully occupied by MyEyeDr, a large operator of eye care services nationwide. The tenant recently renewed its lease for another 7-year term, which includes an option to renew with a rental increase. Landlord responsibilities are limited to property insurance, structural, and exterior repairs. The property, which is 4284 square feet, underwent a major renovation and expansion in 2016 and is in excellent condition. Located in Mena, Arkansas, at 208 Morrow Street, the property benefits from its location in a regional trade and service center experiencing economic momentum due to recent and planned government and corporate investments. This property offers the opportunity for stable returns and growth.
Key Highlights
- Fully occupied by MyEyeDr., a large and growing national eye care services operator backed by Goldman Sachs.
- Recently renewed 7‑year lease term provides stable returns.
- Lease includes renewal option with rental increase.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical centers
Similar For Sale Nearby
FAQs
What type of property is this?
Medical center - Healthcare investment property fully occupied by MyEyeDr with lease renewal.
Where is this medical center located?
The property is located at 208 Morrow Street Mena, AR.
What is the asking price?
The asking price for this property is $655,000.
What are key features of this property?
This property features: Fully occupied by MyEyeDr., a large and growing national eye care services operator backed by Goldman Sachs.; Recently renewed 7‑year lease term provides stable returns.; Lease includes renewal option with rental increase.