There are many great opportunities in medical real estate. Previously, practitioners found it challenging to find great spaces for their medical office. Now there are many options. Finding medical real estate has become easier, but there is still some thought that has to go into the process. Working with the Menlo Group can help you ensure your medical real estate needs are met.
Traditionally, most medical professionals seek to buy their commercial office space. While this is still common, many practitioners are also leasing. In particular, this typically applies to newly licensed practitioners. Leasing space can give medical professionals a chance to test out their practice without making a huge commitment. It helps reduce the risk that can often come with medical real estate. In addition, leasing can also allow physicians to upsize or downsize their facility in order to adjust for actual financial performance and/or needs of your business.
Leasing can give an advantage to doctors and healthcare providers because they can determine if they need to relocate their practice based on traffic, demographics and any competition. Medical real estate demand is higher than it ever has been before.
In today’s world, patients are looking for one-of-a-kind medical service. They are also looking for locations that are invested in responsive service and technology. When looking for your ideal medical real estate, accommodations for technology is a huge factor to consider. In fact, this alone can help set you apart from your competitors and can save you more money in the long run.
So, how do you find your ideal medical real estate? The team here at Menlo Group can help you get started on your search. Whether you are interested in buying or leasing medical real estate, we have access to the latest listings and most desirable areas for your practice. We can help you get your practice on its way. Contact us today.