Selecting the optimal location for your healthcare practice is a critical decision that requires a unique set of considerations.
Our Healthcare Realty Network Site Selection Services provide a specialized approach tailored to the unique needs of a hospital, DSO, MSO, medical practitioner, dental clinic, and other healthcare facilities.
Whether you're starting a new practice or expanding your existing portfolio, our team of experts are dedicated to helping you identify the perfect location that aligns with your healthcare objectives.
Our Comprehensive Services Include:
- Location Analysis:
We conduct a thorough analysis of potential sites, considering factors such as patient demographics, competition, accessibility, and proximity to medical facilities. This ensures that your practice is strategically positioned to serve your target patient population effectively. - Property Search and Evaluation:
We assist you in identifying suitable properties that meet your specific healthcare needs, whether it's a medical office, clinic, outpatient facility, or land to build on. Our team evaluates properties based on size, layout, compliance with healthcare regulations, and proximity to essential amenities. - Market Research:
We provide comprehensive market research to assess the potential for patient demand and growth in your chosen location. This map overview of available properties in the area for lease or purchase, detailed description of advertised lease rate or purchase price, and the operating expenses to help determine the top options. - Cost Analysis:
Our experts conduct detailed cost analyses, including lease rate, operating expenses in comparable spreadsheets to determine the financial feasibility of each location. - Zoning and Compliance Checks:
We ensure that the selected site fits within the zoning and local regulations, allowing you to avoid costly legal hurdles and delays with reviewing properties that don’t allow your use. - Patient Accessibility Assessment:
We evaluate transportation options, parking availability, and public transit access to ensure that your patients can easily reach your healthcare facility. - Competitive Analysis:
We analyze your competition within the chosen area to help you position your practice effectively and identify opportunities for specialization. - Site Visits and Due Diligence:
We organize site visits to shortlisted properties, enabling you to assess the condition of the building during a property tour. This due diligence process helps the tenant/buyer understand the cost with remodeling for interior buildout or with deferred maintenance repairs.