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MEDICAL PRACTICE
     STRATEGIES & ISSUES





        Medical Retail






        By Steve Raub, CCIM


          Physicians want to be close to their patients, however, this takes on additional meaning in regard to the
        physical spaces in which physicians practice their specialties. A new trend is developing and coming to
        shopping centers near you, which may answer the needs of medical providers who want to be more
        accessible to their patients. likewise, for reasons of convenience and time-saving, patients yearn for

        easier access to their medical providers.


          All types of medical professionals typically
        want to be as close to their patients as they can
        get.  “First Floor - Front door”, is the theme
        which encapsulates the desire for practices to
        get  closer  to  their  existing  and  prospective
        patients.  Easy access helps drive the addition
        of new patients.  For example, a cardiology
        group saw their patient base skyrocket when
        they  relocated  to  a  first-floor  space  near  a
        movie  theater  because  of  their  enhanced
        visibility to so many movie goers walking by
        their office.  They had people walking in for
        screenings, which would never have happened
        when they were tucked away in the back corner
        of an upper floor of a hard-to-reach medical
        office building.
          Oftentimes patients don’t find it convenient to go to the doctor.  medical offices, a long-term lease may be the answer of how it all
        It may be hard to drive across town, find the medical office building  becomes more affordable for physicians and landlords.
        and try to find a parking spot near the building.  Then they have to  Advancements in technology have led to the proliferation of
        make their way to the lobby in the heat, cold, rain or wind, find an  ambulatory surgery centers. Going forward, more surgeries are
        elevator  or  stairs  and  follow  long  hallways.  This  becomes  an  expected to become outpatient procedures that no longer require
        unpleasant  and  perhaps  difficult  experience.    Should  it  be  this  an overnight stay. Micro hospitals are already popping up in San
        painful?  Medical professionals can make it easier for current and  Antonio and it’s just a matter of time before retail centers get the
        prospective  patients  to  find  them.  It  makes  a  lot  of  sense  for  chance to provide these smaller hospital venues to patients across
        everyone.                                              the Alamo City.  Then large, difficult-to-access, back-office medical
          This is called Medical Retail, a trend of blending the need of  space and physician’s offices could become a thing of the past.
        medical offices for easy access with the convenience of shopping  So, Medical Retail will certainly be more popular in the future to
        centers.  First Floor – Front door locations give physicians high  get patients closer to their physicians. Successful physician practices
        visibility, high traffic offices with easy parking that is very accessible.  will be those that are easily accessible to the public.
        landlords like having medical professionals as tenants because they
        tend to stay in the same location for many years, once they are  Steve Raub, CCIM is a Circle of  Friends sponsor with IRC, Investment
        established.  While  tenant  improvements  can  be  expensive  for  Realty Company, LC


         12  San Antonio Medicine   •  January 2020
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