For Auction

Servicer Sale: $1.6M NOI | Class A Medical Office | Memphis

6555 Quince Road,
Memphis, TN 38119

Asset Snapshot

Real Estate
Asset Type
Office
Property Type
Medical Office
Office Subtype
$1,635,384
NOI
1990
Year Built
2014
Year Renovated
5
Floor Count
1
Building Count
424
Parking Spots
5.35 Acres
Land Area
66.28%
Occupancy
Occupancy As Of
114,936 SF
Property Size

Offering Summary

*Tours are available, by appointment only, on Friday, August 29th and Friday, September 5th. Please contact listing brokers to schedule.

Investment Highlights

  • $1.795M T.I. Credit Offered to Buyer at Closing
  • Value-add opportunity with in-place institutional credit strength and healthcare sector security.
  • Fully renovated, modern infrastructure: Enhancements to core facilities (lobby, elevators, interior finishes) to streamline operations and elevate tenant experience.
  • Medical use designed floor plates with high ceilings and adaptable layouts that support exam, diagnostic, administrative, and surgical programming.
  • Visibility & signage: Monument and frontage signage options along Hwy-385 enhance wayfinding and brand presence.
  • Ample parking: Dedicated surface lot aligns with the needs of high-volume outpatient care.


Offering Summary

Colliers Memphis, in conjunction with RealINSIGHT Marketplace, 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.

Due Diligence

Transaction Managers

Darlene Johnson
Marketplace

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Call For More Information

This auction has ended. Interested in additional investment opportunities?

Investment Sales Brokers

Andrew Phillips
Colliers | Memphis
TN License: 0283569
Ron Riley
Colliers | Memphis
TN License: 274677

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.