What To Consider When Looking For Medical Space
Once your medical practice starts to grow you will soon be trying to find medical space; this requires great foresight so you can end up in a great location. It is important that you ensure the office space you locate for your practice is easily accessible to patients. You want to be able to expand your business within your budget and in such a way that your customers are satisfied with the area you are serving them from. There are a number of important things that you need to consider that include:
Affordability: Prices may vary from one property to another or one submarket to another but you must be able to find medical office space that you can afford. This is why you need an expert tenant rep broker who is especially experienced in matters of local medical office space matters; this is your guarantee of getting a good negotiated deal.
Accessibility: You don’t want to find medical office space that is hidden in a maze of shabby buildings and side streets; this will be chaotic and extremely difficult for patients to find you. In the ideal situation, patients don’t want to make more than two turns from a major highway or another important road before they reach a doctor’s office
New property: It may be necessary to try and find medical office space in a new property and especially specially designated medical buildings that could be coming up; this may actually be better for your patients in addition to the possibility of having the important infrastructure related to your kind of practice.
Parking ratio: If your practice will be seeing a lot of patients, you want to ensure that the parking ratio is good: four to five parking slots for every one thousand square feet may be good in order to reduce chances of overcrowding. You also want to ensure that there are reserved parking slots that are dedicated for the handicapped in addition to picking up and drop off spaces.
Next to other physicians: The best location to find dental office space would a place where all the neighboring practices can do inter-referrals that have 100% synergy without an iota of competition. This means that you need to carefully check out the kind of practice mix that is there so you can see how close you can be to the ideal.
Ancillary services: Ancillary services may include things such as imaging centers, sleep labs, MRIs, physiotherapists as well as outpatient surgeries. Historically people went to hospitals to get all these services but as time has progressed; doctors are looking for medical office space where they can get some extra space to install any of these diagnostic areas.
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