Medical Office Investment
For Sale
$585,000
208 Morrow Street, Mena, AR 71953
Renovated healthcare facility occupied by MyEyeDr. under a recently extended lease.
Property Size4,284 SF
Price / SF$136.55
Days on Market109
Property Features for 208 Morrow Street
General Information
Standard status
Active
Size
4,284 SF
Listing Agency:
Delta Properties
(479) 317-1372
Listed By:
Ashley Habiger · License #PB00093413
(479) 317-1372
Source:
Connectrealtynwa
Added: May 15
Changed: Aug 31
Last Checked: Aug 31 at 5:13PM
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.
The medical office at 208 Morrow Street contains 4,284 square feet and is fully occupied by MyEyeDr. A substantial renovation and expansion completed in 2016 updated the facility, which is described as being in excellent condition.
The tenant has extended its lease for an additional 7-year term, with a renewal option that provides for a rental increase. Landlord obligations are limited to property insurance, structural repairs, and exterior repairs. Mena serves as a regional trade and service center for surrounding cities and counties, with recent and planned government and corporate investment contributing to local economic activity.
The tenant has extended its lease for an additional 7-year term, with a renewal option that provides for a rental increase. Landlord obligations are limited to property insurance, structural repairs, and exterior repairs. Mena serves as a regional trade and service center for surrounding cities and counties, with recent and planned government and corporate investment contributing to local economic activity.
Key Highlights
- 4,284‑square‑foot medical office facility at 208 Morrow Street
- Fully occupied by MyEyeDr.
- Lease extended for an additional 7‑year term
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 71953, AR
14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Renovated healthcare facility occupied by MyEyeDr. under a recently extended lease.
Where is this medical office space located?
The property is located at 208 Morrow Street Mena, AR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 4,284‑square‑foot medical office facility at 208 Morrow Street; Fully occupied by MyEyeDr.; Lease extended for an additional 7‑year term
