About This Home

This 0-bedroom, 0-bathroom commercial at 208 Morrow Street in Mena, AR is listed for $585,000 ($137 per sqft). Built in 1985, the home offers 4,284 sqft of living space on a N/A lot.

Key Features

  • Built in 1985
  • 22 parking spaces

Property Details

1 story
22 spaces
1985
Listing Description

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.

Monthly Cost Estimate

$3,129/mo

20% down · 6.5% · 30 years

Principal$423
Interest$2,535
Insurance$171

Estimates only. Actual payments may vary.

Location

208 Morrow Street

Mena, AR 71953

Property Details

Heating

Heat Pump (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 208 Morrow Street is listed at $585,000 ($137/sqft). The estimated monthly payment is $3,129 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 22 parking spaces.

This property is listed by Ashley Habiger.

AH

Ashley Habiger

License PB00093413

Agent at Delta Properties

Listed by Delta Properties · Broker phone: 479-317-1372

MLS# 1341587· Source: ArkansasONE MLS· 206 days on PropertySimple

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

208 Morrow Street, Mena, AR 71953

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