208 Morrow Street

Mena, AR 71953

MLS#: 1341587

$715,000

Status: Active
Listing number: 1341587
Listing provided by: Delta Properties
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1985

Sq.Footage

4,284

Excellent opportunity to acquire a healthcare real estate investment property fully occupied by MyEyeDr. Backed by Goldman Sacs, MyEyeDr. has grown to become one of the largest operators of eye care services nationwide. Healthcare real estate offers the opportunity for stable returns and growth. This property provides both: the tenant just renewed its lease for another 7-year term, and the lease includes an option to renew with a rental increase upon renewal. Landlord responsibility is limited to property insurance, structural and exterior repairs. The property underwent a major renovation and expansion in 2016 and is in excellent condition. Mena is a regional trade and service center for the surrounding cities and counties and is experiencing economic momentum, evidenced by recent and planned government and corporate investments.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    NO

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    City Lot

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $715,000

  • Zoning

    Commercial

  • Sq. Footage

    4, 284

  • Price/SqFt

    $166

HOA

  • Association

    Yes

  • Association Fee 2 Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Tax Lot

    N/A

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Location

County

Polk

Elementary School

Middle School

High School

Listing Courtesy of Ashley Habiger , Delta Properties

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Agent Jessica Pereira

REALTOR®

Jessica Pereira

Call Jessica today to schedule a private showing.

(501) 766-6930

jessthearrealtor@gmail.com


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Excellent opportunity to acquire a healthcare real estate investment property fully occupied by MyEyeDr. Backed by Goldman Sacs, MyEyeDr. has grown to become one of the largest operators of eye care services nationwide. Healthcare real estate offers the opportunity for stable returns and growth. This property provides both: the tenant just renewed its lease for another 7-year term, and the lease includes an option to renew with a rental increase upon renewal. Landlord responsibility is limited to property insurance, structural and exterior repairs. The property underwent a major renovation and expansion in 2016 and is in excellent condition. Mena is a regional trade and service center for the surrounding cities and counties and is experiencing economic momentum, evidenced by recent and planned government and corporate investments.

208 Morrow Street

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