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Updated over 7 years ago,
How is healthcare commercial real-estate different?
I'm a newbie commercial healthcare realtor. I'm trying to get a good grasp of how healthcare commercial real-estate is different from other types of commercial real-estate. Here's what I've gathered. Please comment!
1. zoning/usability Issues - healthcare commercial real-estate has a different zoning rules, may use specialized equipment (x-rays, etc)
2. smaller pool of clients - hospitals, healthcare providers, healthcare organizations
3. build-out costs - dental offices, for instance, require significant tenant improvement - equipment, etc, similar with surgical space
4. clients are risk averse compared to other clients, leases generally longer term
Any other thoughts?