Clinic Gym Radio

How Clinic Gym Owners Can Avoid Getting Screwed in Their Next Commercial Real Estate Deal - Colin Carr

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In this episode we’re welcoming Colin Carr. Colin is the Founder and CEO of CARR, a leading provider of commercial real estate services for healthcare tenants and buyers. Colin has dedicated the last 15 years specializing in commercial healthcare real estate. Today, he shares tons of tips for successfully navigating real estate deals and lease renewals for clinic gyms and other similar practices.

“If you have an expert who’s handling the process, they’re going to set the tone from the very beginning.” - Colin Carr

Topics Covered Include

  • Colin’s background in real estate and what he specializes in.
  • Why it’s important for healthcare professionals to be represented by a real estate professional.
  • The difference between a landlord and a listing agent.
  • How healthcare real estate is unique, plus the most common pitfalls to avoid.
  • Why lease renewals go wrong and how to avoid having it happen to you.
  • How to protect yourself when negotiating a proposal.
  • What Colin revealed to one of the first clients he helped negotiate a healthcare deal with.
  • What to look for in a property’s lease rate, structure, and terms.
  • What to know before you start building out and constructing a new space.
  • The financial and business aspects you need to address during negotiations.
  • How a real estate attorney can help you with your lease (and why a broker can’t do it).
  • When it’s okay to go for a longer lease and how it can be beneficial.
  • Why you shouldn’t sign off on your renewal options without really reviewing them.
  • What build out allowance is and what you need to know about it before you make a deal.

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    Learn more about the Clinic/Gym model: https://clinicgymhybrid.com/

    Grow your clinic with our software platform: https://trustdrivencare.com/

    Join the Clinic/Gym Hybrid discussion Facebook group: https://www.facebook.com/groups/1089660424448127

     

    CARR: https://carr.us

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    Clinic Gym RadioBy Dr. Josh Satterlee
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