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Updated almost 3 years ago, 01/25/2022

User Stats

53
Posts
11
Votes
Sol Romand
11
Votes |
53
Posts

Converting a Medical Office to Small Suites

Sol Romand
Posted

I just purchased a office building in Egg Harbor City NJ. The space is a 5000 sq ft former dental office. There is another dental office across the street so I don't see a market for another dental office, so I started to think of turning the rooms into small suites and renting them out individually. Anyone have any experience doing such a conversion? I'm trying to figure out the market for such facilities as well as the work and cost involved. Also if it were to be rented out to one client then all utilities can be passed on to the tenant, what about shared space? Is there anything needed to provide as a landlord, such as a conference room or kitchen area?  Thank you all BP members for your help!