Medical Office Lease Review

Whether your are starting a medical practice, planning for physician retirement, relocating your practice, or renewing your office lease, it’s important to have your lease properly analyzed to ensure that the terms and clauses within it are set up to help you protect your investment well into the future.

Critical Dates and Risk Assessment: Lease Review Services

Cirrus Consulting Group offers physicians the Critical Dates and Risk Assessment (CDRA), or Medical Office Lease Review. In this critical review process our leasing experts analyze your lease flagging critical action dates, and identifying hidden risks.

Based on the issues revealed in your lease review, we’ll create a tactical plan based on how your ideal lease should be structured. A Cirrus healthcare consultant will then set up a call with you to discuss the details of your practice, future career plans and your specific leasing requirements. We’ll take you through our detailed findings, arming you with the knowledge and expertise necessary to protect yourself in your upcoming medical lease negotiation. This review is guaranteed to save you thousands of dollars over the life of your lease.

Schedule your complimentary lease consultation with a healthcare consultant!

Reality Check

83%

 

of doctors across North America have a lease that may inhibit them from ever selling their practice.

20%

 

of doctors in North America lose their ability to sell their practice each year.

75%

 

of doctors have a lease that prevents them from ever getting to the end of their career in their current location, being forced by the landlord to relocate!

The Next Steps: Healthcare Office Lease Negotiations

In addition to our medical office lease reviews services, Cirrus offers doctors the  complete lease negotiation package. After a thorough review, our negotiators create an action plan based on your goals, future career plans and the finer details of your practice. Equipped with this knowledge, our team will work with you to devise an expert negotiation strategy that will increase your chances of getting what you need from your upcoming lease negotiation.

From start to finish, our negotiators stand in as the liaison between you and your landlord, managing the entire process so you don’t have to. You’ll feel at ease knowing you have the support and expertise of our skilled in-house lease negotiators, legal team, medical office real estate market research analysts, practice brokers, and ex-landlords. Learn more about our medical office lease negotiations, now.

Common Risks found in your office lease

  • Practice Relocation: Does your medical lease give your landlord the right to relocate you? If so, is the move at your expense, or theirs?
  • Termination: Does your landlord have the right to terminate your lease, forcing you to relocate and leave the premises?
  • Protection & Security: Is there a death and disability clause in place that will protect you and your estate should something unexpected happen?
  • Renovations & Improvements: Does your lease give you the ability to renovate your clinic? Will you be forced to remove the improvements yourself down the road, and absorb the costs?
  • Assignment Provisions: Is there anything in your lease that will affect your ability to sell or transfer your practice when you are ready to retire?
  • Term & Options: Does your lease provide sufficient term and options to renew?

Contact us for your complimentary lease consultation with an expert medical office leasing consultant at 1.800.459.3413!

Hear it from our Doctors!