Medical Properties

Medical Properties

Explore available medical spaces for sale or lease, designed to help you find properties ideal for healthcare facilities. Filter by key features such as location, size, and medical-specific amenities to find the right space for your practice or clinic.

Purchasing a medical facility often comes with unique regulatory and operational considerations, including these factors:

  • Location and accessibility: Choose a location that is convenient for both patients and medical professionals, with easy access to public transportation, highways, and ample parking for patients with mobility needs.
  • Zoning and regulatory compliance: Verify that the building complies with zoning laws for medical use and adheres to health regulations, including necessary certifications for medical facilities.
  • Building condition and specialized infrastructure: Assess the building’s condition and suitability for medical use, including adequate plumbing, electrical systems, HVAC, and specific requirements such as medical gas lines, backup power, and specialized waste disposal systems.
  • Tenant mix and lease agreements: Review the tenant base, especially the types of medical practices, lease terms, and occupancy rates. Medical tenants often sign longer leases, so a stable tenant mix is crucial for steady cash flow.
  • ADA compliance and accessibility: Ensure the property meets the Americans with Disabilities Act (ADA) standards, offering accessibility features like ramps, elevators, and wide doorways that accommodate patients with disabilities.
  • Market demand and healthcare trends: Analyze the demand for medical office space in the area, including demographic factors (aging population) and healthcare trends that might influence the building’s long-term viability.
  • Operating expenses and maintenance: Understand the building’s operating expenses, such as maintenance, utilities, and any specialized services (e.g., biohazard waste removal), which may be higher for medical buildings compared to standard office spaces.
  • Financing and tax considerations: Explore financing options, including healthcare-related incentives or programs, and consider the tax implications, such as property taxes, depreciation benefits, and any potential deductions related to medical use.