For Sale: Multi-Tenant Medical Office Investment Opportunity in Growing Medical Corridor – Memphis, TN

DSCN0483_2Kirby Gate Office Building

CBRE Memphis is the exclusive marketing advisor for Kirby Gate Office Building, a single-story multi-tenant medical office building containing approximately 26,321 square feet. Currently 77.5% leased, the Property is supported by a diverse medical tenant mix including pediatrics, dentistry, obstetrics, and podiatry.

Located at the intersection of Kirby Parkway and Quince Road, Kirby Gate Office Building benefits from its position within a growing medical service area. Recent developments in the surrounding trade area include a $9.2 million Methodist Hospice Facility, an assisted living facility, a long-term acute care center, and a proposed outpatient hospital facility to be operated by the Regional Medical Center (The MED).

Kirby Gate Office Building offers an excellent opportunity to acquire a well positioned asset with considerable upside potential at a significant discount to replacement cost.

Address: 2900 Kirby Parkway
City/State: Memphis, TN 38119
Type: Medical Office
SF: 26,321
Price: $2,325,000
Cap Rate: 8.52%

For more information on Kirby Gate Office Building, please visit our website at

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In

Comments are closed, but trackbacks and pingbacks are open.