Dental Real Estate

Dental Real Estate

Dental clinic interior with private treatment rooms separated by wooden sliding doors, featuring dental chairs and equipment, with large windows offering an outside view

Dental offices require unique real estate needs that are specific to the practice and goals you are looking to accomplish. At ALLY, we start with your vision as there is no cookie cutter approach; how many ops you need, is there a competitive restriction (non-compete) we need to be aware of, do you envision being in a medical office building, retail setting with signage, or an office building with lower rent, how comfortable are you being near competitors, etc. Once we understand your vision, we then qualify all possible options to ensure those requirements are met. After the best locations are selected, we ultimately provide the best economic outcome through market relationships and most importantly negotiations. We have experience with every dental specialty, general dentistry, orthodontics, pediatrics, endodontists, periodontists, oral and maxillofacial surgeons, prosthodontists, and even lab technicians! Here are just a few examples of how we can assist:

Start Ups:

We provide all the necessary real estate tools and guidance to begin your Dental practice:

  • Market Research: An in-depth analysis of all available options in the market of your choosing and ultimately narrowing down the top options.
  • Negotiations: By understanding the market and through countless transactions we have completed, we are able to negotiate favorable terms that set the practice up for success.
  • Vendor Partners: A favorable outcome is achieved by having a good team in place that understands healthcare real estate. From lenders to architects and beyond, we introduce the dentist to a team of invested partners.
  • Demographics: We supply our clients with third party data to help in their decision making. 

Renewals:

The renewal process can be stressful; we alleviate those concerns with fair and reasonable representation, allowing you to focus on running the practice:

  • Timing: We recommend starting the process in the 18-24 month timeframe to ensure all possible options are explored and you are not forced into a decision due to lack of time.
  • Lease Abstract: Reviewing a 50-100 page legal document can be confusing and time-consuming. At ALLY, we will abstract the key components of your lease on one page or less so there are no surprises.
  • Market Report: A market report allows us to find benchmarks and educates us on terms being offered in the market.
  • Team Approach: We put a targeted plan together that empowers the practice on deciding if relocating or renewing is the best long-term decision.

Purchases:

If owning your real estate is your goal and not paying rent to a Landlord, we can help accomplish that goal:

  • Lease vs Own: A great way to understand if owning is right for you is to do a lease versus owning comparison. Having a side-by-side look at which option is more attractive will empower you to make the best decision.
  • Due Diligence: There are several inspection items that need to be investigated when buying real estate. We ensure the physical nature of the building is viable as well as the financing.
  • Market Research: We will provide a list of options in the size, price range, and area of your choice and narrow down the best possible option.
  • Preparation: Being prepared is the first step in the process of ownership.
    • Getting qualified from a healthcare lender to see the boundaries for financing.
    • Understanding the duties of an Owner or Landlord compared to being a tenant.
    • Ensuring the budget to own doesn’t overwhelm the cash flow of the practice through financial modeling.

If you are looking for real estate guidance and want to be prepared, contact us for a lease evaluation, and we can put a strategy together to meet your goals.

Why Choose ALLY Healthcare Real Estate?

  • Tailored Strategies: We develop customized plans to meet your specific goals and needs.
  • Expert Guidance: Benefit from our extensive experience in veterinary practice real estate.
  • Comprehensive Support: From initial evaluation to final closing, we manage every detail of the real estate.

Contact ALLY Healthcare Real Estate today for more information on how we can assist with your medical practice relocation.

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