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
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