The need for a new medical office is generally easy to diagnose. You may be seeing the effects of a space that is not the right fit because your schedule is too full, your pocketbook is too empty, or your office desk is in the broom closet. Perhaps your lease is coming to a close, your technology isn’t cutting it anymore, or you are preparing to open your own clinic and you'd like to know your options. You’ll recognize the symptoms in an itch to do something new that may last for weeks or months. 

Moving or finding a new medical office is something we deal with often. New medical/dental plazas pop up nearly every mile in a populous city like the Phoenix Metropolitan Area. It's important to recognize the true signs of needing a new medical office so you can take the proper steps to find the very best location.

Symptoms:

There are some common physical, mental/emotional, and financial symptoms a business may display to indicate the need for a new space. Signs of an imminent move include:

• Itching for a change.

• Tightness in your break room and storage room

• Change in taste and your lease is ending soon

• Swelling goals of increasing your venture or investing in commercial property

• Farsightedness in recognizing where you are is not going to take you to where you want to be

• Pressure to move to a more ideal location or get out from under an undesirable situation

• Struggling to keep up with your industry’s evolving technologies

Causes:

Buying or leasing a new medical center often happens when a practice has experienced significant growth or a doctor wants to open their own private practice. Another common cause is when a doctor catches the “passive income” bug and decides to become an investor: owning the medical/dental plaza they work in and leasing out suites to other medical professionals.

Several types of medical moves include signing a new lease in an ideal location, buying an investment property, and expansion.

Diagnosis:

The easiest way to know that it is the right time to consider a new property is to talk to a professional. Lingering feelings of unease in your current space are a very good indication that you may have this condition.

Other medical offices in the East Valley of the Phoenix Metropolitan area that have been diagnosed and cured include the following:

• Touchstone Behavioral Health - Physical and Behavioral Health

• Simmons Foot & Ankle - Foot and Ankle Surgeon

• Arizona Facial Plastics- Plastic Surgeon and Aesthetics

• Barnett Clinical - Chiropractic and Naturopath

• ChiroTrends - Chiropractic

• Freedom Medical Care - Substance Abuse Care

• Mountain View Chiropractic - Chiropractic

• Aesthetics Practice Management (Starry Glow) -Aesthetics

• Get Well Now – Urgent Care/Covid Testing and Treatment

• Harmony and Health Acupuncture - Acupuncture and Chinese medicines

• Hudak Concepts -Dental Lab

• Happy Dental - General Dentistry

• Arizona Foot & Ankle - foot and ankle surgeon

• Skinovative - Aesthetics

• Desert Gastroenterology Associates - Gastroenterology

• Hand in Hand pharmacy - compound pharmacy

• Oculoplastic Eye Surgeons of Phoenix - Eye surgeon

When to Call your Agent:

There is no copay for a conversation, so calling your agent is recommended at all stages of this condition. Your prognosis improves the earlier you talk to a professional. 

Your situation may be urgent if your lease is ending in the next year, your five-year plan does not include staying in the same place, or your practice’s growth is being stunted by the limits of your space.

Treatment:

Many doctors continue to live with symptoms for years without ever realizing the kinds of amazing treatments that are available. 

The Intentional Search™:

The Intentional Search™ is a treatment offered exclusively by Commercial Property Connect. It involves a 2-3 hour meeting where your priorities, goals, and expectations are carefully listened to. Following the meeting, the team at Commercial Property Connect carefully screens listings in order to find you the perfect place with the least amount of time and energy wasted. 

If you want to find an ideal location, secure specific lease terms, or identify the best your budget can get you, this option is a must-do. 

Become an Investor:

Many medical professionals who are ready to move to a new space want to find somewhere they can stay through retirement. Funding that retirement at the same time is hugely beneficial and can improve your prognosis in the new space tremendously. 

A doctor who chooses this treatment option would look for a medical office complex to purchase instead of a single suite to lease. They could occupy one of the suites in the complex and lease out the others to complementary professionals and referral partners. Thus, they not only have passive income from tenants, their practice is likely to thrive because their neighbors are handpicked to generate referrals and organic leads due to foot traffic.

*It is recommended that The Intentional Search™ be implemented in conjunction with this treatment option. 

Work with a Specialist:

No matter what degree of interest or need you may have for a new medical office, working with a specialist is unequivocally correlated with finding a successful space. In the case of Commercial Property Connect, the specialists don’t just want to see you do well, they are committed to a wild success for you. This means reading your leases and negotiating for your best terms. This means providing vetted referrals to make sure your new venture doesn’t turn into disaster. This means decades of combined experience to help you know what to look for and how to make the most advantageous decisions. 

Prevention:

The best way to prevent frequent moves for your medical practice is to be sure you are in a space that you love and that can grow with you. So, when your lease renews or you make your next move, work with a professional to make sure your space checks all the boxes, even the ones you haven’t thought about. Commercial Property Connect’s extensive experience in this industry is a fantastic place to start if you want to be somewhere you’ll never want to leave. 

As with most medical issues, looking up your symptoms online may provide some helpful direction, but should never be taken as an official diagnosis. If some of the things in this article sound like your symptoms, call us today for a free consultation and we’ll evaluate if and when a new medical facility is in your best interest.