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Why is considering a healthcare tenant a key to success for your retail property space?

Why is considering a healthcare tenant a key to success for your retail property space?

June 5, 2023
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Posted by Marcelo Bermudez

Longer leases – Even though the tenant improvement cost is higher up-front, you can lure tenants willing to sign longer leases.

Community Advantage – Your retail property can become a hub for the community that needs healthcare where hospitals are not close.

Lower Lease Defaults – Healthcare tenants offer lower lease default ratios compared to traditional food or clothing retailers.

Changing Attitude About Healthcare – Healthcare is no longer about being sick. Think teeth whitening, chemical peels, adult day healthcare, and specialized outpatient facilities.

Have questions about healthcare tenants or properties? Drop it in the comments or send us a message.

 

Marcelo Bermudez

Capital and Strategy
Marcelo Bermudez is the CEO of Shōkunin, a commercial real estate and business capital and strategy advisory firm.

As a strategist, keynote speaker, and mediator, he helps owners and investors unlock value and achieve their business and financial goals.

With hands-on experience managing businesses and navigating complex commercial real estate transactions, Marcelo understands the challenges of growth, restructuring, and successful exits.

He works closely with his clients to deliver practical solutions and drive results.

   
   
Why is considering a healthcare tenant a key to success for your retail property space?