Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2996 Kate Bond Rd Bartlett, TN 38133

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime medical office suites available in Bartlett, TN.

    Lot size:
    59,578 SF

    Property Features for 2996 Kate Bond Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,578 SF

    Spaces For Lease

    at 2996 Kate Bond Rd, Bartlett, TN 38133 Contact us

    We can help!

    Listing Contact
    Donna Bailey
    Donna Bailey

    Listing Agency: Crye-Leike Commercial Memphis Listing Agent: Donna Bailey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This four-story, 59,578-square-foot medical office building in Bartlett, Tennessee, offers multiple tenancy options. Located at 2996 Kate Bond Rd, Bartlett, TN 38133, this state-of-the-art facility, a 2012 Energy Star award recipient, provides convenient access to a hospital via climate-controlled passage. The building boasts an attractive lobby and covered canopy entrance for patient drop-off, ensuring a positive patient experience. Its prime location offers excellent visibility and accessibility, situated in a high-traffic area with close proximity to major highways. Currently, there are eight available spaces ranging from 743 to 4,837 contiguous square feet, with a total of 19,877 square feet currently vacant. The building's design and amenities, combined with competitive lease rates and generous tenant improvement allowances, make it an exceptional opportunity for medical practices seeking on-campus space to establish or expand their operations. This property presents a unique chance to benefit from a thriving location and a modern, efficient workspace designed to meet the needs of today's medical professionals. The building's features are designed to enhance patient care and operational efficiency.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bartlett Women's Clinic Medical Clinic Saint Francis Medical ... Medical Clinic East Memphis Orthopedic ... Physician Baptist Cancer Center- ... Physician University of Tn Cancer ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Auto Repair Shop Big Box & Wholesale Store Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bartlett
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8014151
    Latitude
    35.2075703

    Nearby Similar for Lease

    • $9 SF/Yr
      6,000 SF

      Industrial Flex Space For Rent

      6,000 SF flex space available for lease near Stage Road.
      5798 Ferguson Rd, Bartlett, TN 38134
      View Details
    • $51 SF/Yr
      200 SF

      Office Space in Bartlett, TN

      Office space for rent in a convenient Bartlett location.
      2755 Summer Oaks Cv, Bartlett, TN 38134
      View Details
    • $12 SF/Yr
      3,300 SF

      Freestanding Medical Office Building

      Medical office building with two suites available for lease.
      2785 Summer Oaks Dr, Bartlett, TN 38134
      View Details
    • $17 SF/Yr
      900 SF

      Retail Space in Bartlett, TN

      Retail space available in a well-located Bartlett property.
      6196-6220 Stage Rd, Bartlett, TN 38134
      View Details
    • $14 SF/Yr
      1,624 SF

      Bartlett Office Space For Rent

      Office space featuring a reception area, offices, and break room.
      7975 Stage Hills Blvd, Bartlett, TN 38133
      View Details
    • $14 SF/Yr
      1,500 SF

      Office Space in Bartlett Center

      Office space for lease in a Bartlett strip center.
      5724 Stage Rd, Bartlett, TN 38134
      View Details
    • Contact for pricing

      Bartlett Medical Space Available

      Medical space for lease in multi-tenant building, Bartlett, Tennessee.
      3025 Kirby Whitten Rd, Bartlett, TN 38134
      View Details
    • $1,200,000
      1,802 SF

      Retail Space in Bartlett, TN

      Retail space available for lease in Bartlett, Tennessee.
      7610 Us Highway 70, Bartlett, TN 38133
      View Details
    • $12 SF/Yr
      3,000 SF

      Bartlett Flex Space Available

      3,000 SF flex space for lease in Bartlett, TN.
      7531 Bartlett Corporate Cv E, Bartlett, TN 38133
      View Details
    • Contact for pricing
      35,502 SF

      Bartlett Retail Space For Lease

      Retail spaces available in Countryside Center, Bartlett, TN.
      Countryside Ctr, Bartlett, TN
      View Details
    • Contact for pricing

      Retail Space in Wolfchase Area

      Retail space available in the Wolf Run Plaza shopping center.
      7980 Hwy, Bartlett, TN 38133
      View Details
    • Contact for pricing
      1,200 SF

      Retail Spaces Near Union Depot

      Retail spaces available adjacent to Union Depot development.
      6822-6850 Stage Rd, Bartlett, TN 38134
      View Details

    FAQs

    What type of property is this?
    Medical office - Prime medical office suites available in Bartlett, TN.
    Where is this medical office located?
    The property is located at 2996 Kate Bond Rd Bartlett, TN.
    What are key features of this property?
    This property features: Four-story, 59,578 SF medical office building with direct hospital access, attractive lobby, and covered patient drop-off.; 2012 Energy Star award recipient, demonstrating energy efficiency.; Competitive lease rates and generous tenant improvement allowances available.
    (901) 758-5670 Call to check price and availability
    Request Owner's contact information
    2996 Kate Bond Rd Bartlett, TN 38133
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2996 Kate Bond Rd
    Bartlett, TN 38133
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2996 Kate Bond Rd Bartlett, TN 38133
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Donna Bailey
    Donna Bailey
    Real Estate License ID: 366712
    (901) 758-5670 (901) 834-6895
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!