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Leasing medical office space

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Leasing Medical Office SpaceTypically, physician practices and medical office space users do not relocate to new buildings as often as tenants renting offices for businesses, real estate, etc. One reason that they do not relocate that often is that they sign office space leases with longer terms. If you decide to find medical office space, the first thing that should be done is to retain a real estate broker that has experience in leasing space for a medical office. By hiring an experienced broker in this field, they can be helpful because they know available space and building that you may not be aware of. They also understand how to structure covenants of the lease agreement to fit your unique needs.

Some things that a broker will make sure are in the lease if necessary when you find medical office space Manhattan include:

Leasing Medical Office Space•After hours utilities and access—many times physicians see patients after normal building hours and if it is an urgent care practice they may operate on a twenty-four hour basis. You also need to see how the utilities are accounted for after the normal building hours because if they are billed incorrectly it can cost you more money.

•Use issues—depending on the medical practice there may be hazardous materials used, causing biomedical waste. In addition, the practice could use CT scan machines, X-ray machines, etc which generate radiation that is harmful. Any of this can create special requirements that need to be accounted for in the lease agreement to ensure compliance.

•Landlord privacy and inspection—generally, with commercial real estate leases they provide the landlord the right to enter the space to inspect to make sure that you are in compliance with the signed lease, and make repairs in the leased space and other places in the building. When you are operating a medical practice you will need to limit the landlord’s access to particular areas like the examining rooms when the office is open. You will also make sure that they do not have access to areas where the patient’s records are kept.

Leasing Medical Office Space•Being in compliance with Americans with Disabilities Act (ADA)—having a medical practice you would be most apt to have patients with special needs so you need to make sure that you are making the building handicap accessible. Medical practices are usually under more scrutiny from the ADA than other offices. Your broker will make sure that there is an ADA clause in the lease stating what you can do to make it handicap accessible.

Leasing Medical Office Space

These are just some of the many things that your real estate broker will ensure that is in the lease agreement before you sign the lease.

This article is penned by Richard for Manhattan Office Space®. Manhattan Office Space® helps medical practitioners find medical office space primarily in Manhattan and the surrounding areas of their interest. If you are a medical practitioner looking for Manhattan office space then you can trust them to get you the best deal. So the next time you are looking to find dental space in Manhattan just speak to the experts.

Planning Your new Office Space

When trying to find medical office space there are three important factors that you need to take into consideration. The first and most important factor when trying to find dental space is the location. Although this sounds like a long time, you should plan to take six to twelve months for this process. Half of that time should be to find the space and the other half for any renovations that may be needed. If you are already in an existing practice you need to make sure that the location is convenient to the patients you already have.

Other factors you need to take into consideration are:

Planning Your new Office Space• Parking availability such as a parking lot,

parking garage, or on-the-street parking and if there is spaces for handicap parking.

• How close the practice is to public transportation

• How close to the hospital you have privileges to practice in because many physicians make their rounds before opening their practice so they want to get there quickly after rounds

• Is the office space big enough for one or more physicians or dentists

Planning Your new Office SpaceThe last factor to consider is if any renovation needs to be done. What renovations can be done depends on whether you find office space for rent or for sale. Even renting an office space you may be able to do some renovations like painting it, putting down new carpet, or putting pictures on the walls. If you need to do a total renovation such as making new rooms or changing the layout of the space you may have to buy the space to do those renovations. You also want to make sure that it is handicap accessible and if not you may need to add a wheelchair ramp and make sure the doorways are wide enough. When looking to find medical office space these are the three factors that are important to consider.

If you are looking for space, please use our space finder form!

Phone: 212-982-8484Email: [email protected] Website: www.manhattanofficespace.com