Property photo 1
Property photo 2
4,284 sqft

$585,000

208 Morrow Street, Mena AR, 71953

Price per sqft$136.55
Built in1985
Property size4,284 sqft
Property typeCommercial

Overview

Active

Listed Apr 3, 2026

Updated Aug 29

IMPROVED 8.95% CAP RATE: Priced below replacement value, this is an excellent opportunity to acquire a healthcare real estate investment property fully occupied by MyEyeDr. Backed by Goldman Sacs and with over 900 locations, MyEyeDr. is one of the largest eye care providers nationwide. This location has served as an optometry provider for a decade, and there are few competing providers in the area. MyEyeDr. recently renewed its lease, which includes an option to renew and rental increase upon renewal. Landlord responsibility is limited, 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 significant economic momentum, including a $19M investment by Nidec Motor Corporation to expand its Mena facility and the Trails at Mena Project, a multi-million-dollar project designed to be one of largest lift-served mountain bike parks in the world.

Courtesy of Delta Properties, Ashley Habiger

Listing Contact: 479-310-8723 

IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS MLS.

©2026 Northwest Arkansas Board of REALTORS MLS. All rights reserved.

Powered by Luxury Presence