Remind the landlord about the costs of a vacant medical office

June 10, 2012

The author, a practice management consultant with Practice Performance Group in La Jolla, CA, is an editorial consultant to <i>Medical Economics</i>.

Does your landlord want to raise the rent for your practice's office? Here are a few ways to get more out of the deal.

A: If you're going to be paying a higher rent, you'd better get something in return. Remember, your property owner also wants to keep you as a tenant if the local market is competitive. If a good tenant leaves, most medical offices likely will sit vacant for a time and will need extensive renovations before a new tenant moves in. Use this valuable information to help you negotiate a better deal for yourself. Ask for refurbishment, remodeling, better parking, better maintenance, and the like.