208 Morrow St, Mena, AR 71953
208 Morrow St, Mena, AR 71953
208 Morrow St, Mena, AR 71953
208 Morrow St, Mena, AR 71953
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PRIME REAL ESTATE & DEVELOPMENT

PRIME REAL ESTATE & DEVELOPMENT

+1(479) 571-1515
$ 715,000
Est. payment | /mo

4,284 SqFt


$ 715,000
Est. payment | /mo

4,284 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,284 sqft

Price per Sqft $166

MLS Listing ID 1341587

Construction Status 25 Years or older

HOA Y/N No

Year Built 1985

Property Description

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.

Location

State AR

County Polk

Direction From US 71, turn south on Morrow Street S, property is on the east.

Interior

Heating Heat Pump

Exterior

Present Use Medical/Dental

Total Parking Spaces 22

Building

Lot Description City Lot, None

New Construction No

Construction Status 25 Years or older

Others

Special Listing Condition None

Virtual Tour https://tour.nwarealtors.org/208-Morrow-Street-Mena-AR-71953/unbranded

Listed by Delta Properties

NEARBY SCHOOLS & PROPERTIES

PRIME REAL ESTATE & DEVELOPMENT

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(479) 571-1515

marketing@primesellsnwa.com

4762 N Castlewood Lane, Fayetteville, Arkansas, 72764, United States

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208 Morrow St