Navigating a medical office lease involves addressing these key legal concerns to ensure the agreement supports your practice’s needs and compliance requirements.
A properly negotiated transaction could significantly benefit a practice by tens to hundreds of thousands of dollars over the course of a lease term. Here are key potential pitfalls to avoid to ensure maximum profitability.
As a business owner at some point you made the strategic decision to own your space. It is definitely a great plan to gain control, secure an asset and perhaps lay the groundwork to enhance your retirement plan. When does it make sense to sell it?
Here is our CAM checklist for Medical office tenants to review…
1) Lease Language Review
2) Annual Reconcilliation
3) Excluded Expenses
4) Proactive Negotiation Points
5) Medical Use-Specific Considerations
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