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Offering Summary
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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.
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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.