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Healthcare Property Investment Opportunity

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
Listed by Ashley Habiger · License #PB00093413
Source Exitrealty
Added: Apr 3 Updated: Jul 6 at 1:58PM Checked: Jul 21 at 4:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Delta Properties


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

Suggested Use

Garden Center HVAC Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Daycare Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

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.
Contact an agent
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