6555 Stage Rd - Medical FOR SALE


Memphis, TN 38134- Bartlett
$910,000 USD
901-573-4343
6555 Stage Rd, Memphis, TN for Sale
$910,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

6555 Stage Rd
Memphis, TN 38134
Bartlett


OVERVIEW

6555 Stage Road is a two-story, 9,450 SF brick medical and professional office building located on the high-traffic Stage Road corridor in Bartlett, Tennessee — one of the most active suburban commercial corridors in the greater Memphis market. Situated at the corner of Stage Road and Charles Bryan Road, the property sits in Bartlett's recognized Dental and Orthodontic District with immediate proximity to Starbucks, Kroger, Chick-fil-A, McAlister's Deli, Walgreens, and multiple shopping centers. Easy access to Highway 70 and Interstate 40. The building is 76% occupied with six leases in place. The second floor is fully leased to a single anchor tenant across three suites totaling 2,746 SF. Two first-floor suites are available at closing — a 450 SF professional office suite and a 1,520 SF former dental practice space — providing a clearly defined lease-up opportunity in a submarket with strong demand from medical and dental users. Renovated in 2023, with roof replacement completed in 2017 and major HVAC units replaced in 2020 and 2022. Priced at $910,000 — $96.30 per square foot — well below replacement cost for this building type and quality. PROPERTY HIGHLIGHTS 9,450 SF two-story brick office building | Class B | Built 1988 | Renovated 2023 76% occupied | 6 leases in place | Second floor fully leased — anchor tenant across 3 suites Two suites available at closing: 450 SF and 1,520 SF (former dental practice) Located in Bartlett's Dental/Orthodontic District — strong medical tenant demand Roof replaced 2017 | HVAC units replaced 2020 and 2022 18 surface parking spaces | 0.61 acre lot Immediate neighbors: Starbucks, Kroger, Chick-fil-A, Walgreens, McAlister's Deli Easy access to Highway 70 and Interstate 40 Priced at $96.30/SF — well below replacement cost IDEAL FOR Owner-users looking to occupy one suite while collecting income from existing tenants. Value-add investors seeking a defined lease-up opportunity with strong in-place income. 1031 exchange buyers looking for a renovated asset with stable tenancy and clear upside in a high-demand Bartlett location.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

0-R-1

APN/PARCEL ID

B0-157H-A0-0006

ASK ABOUT THIS PROPERTY

Reid YarbroughDelta Farmland, LLCMore Info
901-573-4343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Reid YarbroughDelta Farmland, LLCMore Info
901-573-4343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.