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In-PersonVirtual Tour
$ 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 Locations
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