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208 Morrow Street, Mena, AR

$585,000

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4,284

Square feet

About 208 Morrow Street

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.

Features of 208 Morrow Street

MLS® # 1341587
Price $585,000
Square Footage 4,284
Year Built 1985
Type Commercial Sale
Status Active

Community Information

Address 208 Morrow Street
City Mena
County Polk
Province AR
Postal Code 71953

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Heat Pump
Fireplace No

Exterior

Lot Description City Lot, None

Additional Information

Date Listed April 3rd, 2026
Days on Market 147

Listing Details

AgentAshley Habiger
OfficeDelta Properties

Listing Map

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