You’ve found a medical building up for lease, and you’re probably wondering about the necessary preparations to transfer into it. The process surely will not be a walk in the park, but thorough planning will be effective in ensuring a smooth, hassle-free move. You will be spending a great deal of time in the office,
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Leasing a Medical Office Space in the Future: Here’s How You Can Prepare
Leasing a medical office space is a major step that could make or break your practice. Unlike renting a residential property, it requires a lot more money and may involve more potential pitfalls as well. Leasing a medical office space is often a complex process that hinges on many variables in order to run smoothly.
Read MoreWhy Should You Consider a Contiguous Space?
If you have a thriving medical practice that needs more room to grow, you might want to consider leasing contiguous space. What, you may ask, is contiguous space? It’s when you – as a single-tenant – lease multiple suites on the same floor of a building or on multiple floors of the same building. Contiguous
Read MoreBenefits of Having an Anchor Tenant in the Same Commercial Property
Leasing office space in a building complex occupied exclusively by medical practices has its advantages, especially if one of those occupants is an anchor tenant. An anchor medical tenant – also known as a prime tenant, a draw tenant, or a key tenant—is the featured big-name business that rents office space in any given development,
Read MoreWhat Patients Look For When They Go to a New Medical Office
When it comes to growing your practice’s patient base, there are many factors about your medical office that make a great impression and draw prospective clients. Here’s what patients are looking for when they visit a medical office: A centrally located and easily accessible office by car or public transportation A spacious clinic in an
Read MoreBenefits of Choosing a Turn-Key Medical Office Location
Choosing a location for your medical practice is about more than just an address – it’s also about logistics. To be more specific, it’s ideally about choosing a turn-key medical facility – one where both you and your patients can benefit from special amenities and close proximity to other medical specialists and services. Just such
Read MoreAdvice on Leasing New Medical Spaces
Leasing new office space for your medical practice can be a rewarding experience in terms of setting up operations in a prime location that is easily accessible to new and existing patients. However, it can also be a challenging effort if you are unaware of the finer details that leasing medical space entails. Here is
Read MoreWhat Healthcare Providers Need to Know About Leasing A Medical Office
As a dedicated healthcare provider, your first priority is attending to the medical needs of your patients. Part of that commitment is providing your patients with a practice that is easily accessible and equipped with all the facilities necessary to deliver quality care. However, you may not be totally acquainted with all the details and
Read MoreWays to Reduce Medical Office Build-Out Costs
According to industry experts, the average cost to build out a medical office in most metropolitan markets may range from $50 to more than $250 per square foot. Do the math and, depending on what you need to get done, it can easily become a costly effort. There is no question that building out your
Read MoreBenefits of Leasing vs. Buying Medical Office Space
Establishing a new practice – or relocating an existing one – raises all sorts of important financial and logistical questions, not the least of which is the fundamental decision whether to lease or buy your medical office space. On one hand, buying your office space can help you build wealth. However, it can be a
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