901-289-6805
6555 Quince Rd, Memphis, TN for Sale
Medical - FOR SALE
1/18
null | Request Cap Rate

6555 Quince Rd
Memphis, TN 38119
Germantown


HIGHLIGHTS

  • Highly visible from Hwy-385
  • Fully renovated building improvements
  • Ample parking throughout the property

OVERVIEW

Colliers Memphis, as exclusive advisor, is pleased to present the Regional One Healthcare - East Campus (‘the Property”) a 114,936 SF, five story Class A/B medical office building originally built in 1990 and fully renovated in 2014. Strategically located at the intersection of Quince Road and Kirby Parkway in East Memphis, the Property provides excellent visibility and access to Highway 385 (90K vehicles per day) and seamless interstate connectivity ensuring easy access for patients across the Mid- South Region. Designed to support high volume outpatient care, the property houses multispecialty primary and specialty clinics, rehabilitative medicine, advanced imaging services as well as an in-house pharmacy. In addition to the East Memphis Campus, ROH acquired approximately 29.5 acres of land contiguous to the subject property for future expansion. With its prime East Memphis location, the Property offers investors an opportunity to acquire a strategically located medical office building anchored by a regional healthcare institution. The Regional One Healthcare lease is backed by Shelby County with a bond rating of AA+ from Fitch Ratings and AA+ from S&P Global Ratings. Currently 66.28% leased, investors will have the ability to increase NOI through light repositioning and lease up of vacant space.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quince Centre

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

5.94 AC

LAND SF

258,746 SF

ZONING

CL

APN/PARCEL ID

08-1052-0-0031

ASK ABOUT THIS PROPERTY

Andrew PhillipsColliersMore Info
901-289-6805

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Andrew PhillipsColliersMore Info
901-289-6805

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