Sweetwater’s Population Growth
Sweetwater has been experiencing very rapid population growth throughout the past decade, ranking as one of the fastest growing cities in the country. This represents a prime opportunity for healthcare providers of all specialties to establish new patients bases or grow their current practice. However, understanding Florida’s real estate market, key trends in the industry, and the best practices in real estate site selection is crucial in finding Sweetwater medical office space that will best position a doctor for success. Whether a client is looking for Sweetwater medical office space for lease or for sale, or looking for landlord/seller representation services, Florida Medical space’s professionals are uniquely talented and experienced in getting the job done well.
Healthcare Industry Trends
With a growing population and a budding healthcare industry, the decision to practice medicine in or near Sweetwwater is often made very eagerly. However, capitalizing on new opportunities in healthcare relies heavily on expertise in navigating modern healthcare real estate trends.
Shared Medical Office Space
One factor to consider when searching for Sweetwater medical office space for lease or for sale is whether a doctor’s scale, patient demographics, and budget would best be met with shared medical office space. Medical office buildings are on a sharp rise in the country for their capacity to boost referrals, efficiency, and recognition for healthcare professionals and companies. Florida Medical Space has extensive experience developing, managing, and representing these buildings and therefore is able to guarantee our professionals will fight for the best deal possible.
Convenience
Another key trend in healthcare is the rise of convenient, consumer-facing real estate and facilites. Each year, more and more healthcare practices are adapting to the changing demand of patients, seeking premier visibility, accessibility, and high-quality facilities. If this is a priority for a client we do not settle until we find medical office space in Sweetwater that fulfills their vision.
A Dynamic Real Estate Market
The healthcare real estate market has changed tremendously over the many years our professionals have been helping clients, and it continues to change today. Each city and county in Florida has unique real estate markets; it is crucial for healthcare professionals to have an agent on their side to negotiate advantageous tenant improvement packages, rental agreements, and lease terms.
How we can Help
Florida Medical Space can assist with any real estate need for medical office space in Sweetwater. Whether a client is looking to lease, purchase, sell, or develop property in the area, we can leverage our expertise to allow doctors to focus on what matters most. Please learn more about each of our services href=”https://floridamedspace.com/services/”>here.
LaSalle Investment Management’s acquisition of Memorial Hermann Medical Plaza in Houston for $405 million set a new record for a medical office building, and illustrated the strong demand for these types of assets. Investors view MOBs as the safest form of all healthcare real estate, according to a recent article in the Wall Street Journal.
“There’s a sense of stability about the asset class that is appealing to a wide range of investors,” said Richard Anderson, a managing director at Mizuho Americas Research which focuses on healthcare real estate.
Investors like MOBs because they are less vulnerable to reimbursement and regulation changes, and they have predictable revenue streams. For example, the 28-story Memorial Hermann Medical Plaza is 99% occupied.
Medical office tenants usually pay about $1 in rent for every $10 generated in revenue, so landlords have flexibility to increase rent, Anderson noted. Additionally, MOBs typically have outpatient surgery centers, which are expected to benefit from the industry transition to value-based care, and they are also more easily converted to other types of commercial property if patient demand changes or reimbursement changes make the office financially unsustainable.
The purchase of Memorial Hermann Medical Plaza beat out the previous record for a single medical office property, a deal worth $332.5 million.
Source: Connect Commercial Real Estate
Investors like MOBs because they are less vulnerable to reimbursement and regulation changes, and they have predictable revenue streams. For example, the 28-story Memorial Hermann Medical Plaza is 99% occupied.
Medical office tenants usually pay about $1 in rent for every $10 generated in revenue, so landlords have flexibility to increase rent, Anderson noted. Additionally, MOBs typically have outpatient surgery centers, which are expected to benefit from the industry transition to value-based care, and they are also more easily converted to other types of commercial property if patient demand changes or reimbursement changes make the office financially unsustainable.
The purchase of Memorial Hermann Medical Plaza beat out the previous record for a single medical office property, a deal worth $332.5 million.
Source: Connect Commercial Real Estate
The purchase of Memorial Hermann Medical Plaza beat out the previous record for a single medical office property, a deal worth $332.5 million.
Source: Connect Commercial Real Estate
The Jupiter Medical Office Market
With a rapidly growing population and commercial real estate market, medical office space for lease in Jupiter is in high demand. The healthcare industry is evolving as patients demand increasingly convenient and consumer-facing practice locations. Jupiter medical office space for lease varies on a number of important fronts. We leverage our years of experience in Florida’s market to conduct targeted research to find the best locations for our clients based on their goals, budget, patient base, and specialty.
Medical Office Space for Lease
The selection process Jupiter medical office space for lease relies on a few key strategic decisions. A doctor or medical group must first think about the demographics they cater to and the competition in the area to determine where they should locate their practice. Then, once a general location for medical office space has been delineated, the next step is to discuss plans for growth. Florida Medical Space realizes that the Jupiter medical office market is complex because the area is ripe for growth for healthcare professionals. If a doctor or group is planning for growth, they need advocated who will either find them space that can accomodate their future plans or a lease agreement that is short-term to give them the flexibility to relocate.
Shared Medical Office Space
Shared medical office space for rent offers doctors and medical groups the chance to take advantage of premier locations and facilities while also only paying to lease the amount of space they need. This is especially true in Jupiter, where some of the shared medical office space offers high chances of success due to the increased visibility doctors/groups receive in high-traffic areas and buildings. If you are looking to lease an office in a shared medical space, reach out to us to better understand how our services are uniquely capable of securing you the best deal and location for you and your patients.
Our Capabilities
Site Selection
Our extensive experience researching markets throughout Florida has made our professionals well-equipped to find medical office space in Jupiter for a client to lease. Our professionals work with a doctor of medical group to gauge their needs, and once standards and goals are established, we provide the client with a thorough report on the properties available in the area. FMS prides itself in working tirelessly with clients until we find the perfect place for them to serve their patients.
Tenant/Buyer Representation
Having a solid, experienced healthcare real estate agent can make a crucial difference for a healthcare professional in a real estate transaction. Whether in a search for a shared medical office space or a location in a retail center, FMS has worked with countless tenants to negotiate fair and advantageous deals in terms of lease term, tenant improvement package, and rental rates. For buyers, we work on all fronts to protect the interests of our client and secure the best deal possible. Learn more about our tenant/buyer representation services here so that you can better understand our capabilities in the Jupiter medical office space market.
Landlord Representation
If you are a landlord looking to lease or sell your medical office space property in Jupiter, you are likely looking for a healthcare real estate agency with professionals who understand the medical real estate market. To guarantee the best deal possible financially and in terms of your long-term plans or exit strategy, FMS professionals work closely with landlords/property owners throughout the entirely of this process. We market aggressively and efficiently to find quality prospective tenants/buyers for our clients. Read more about our landlord/seller representation services here.
