http://www.diamondproperties.com/ - Diamond Properties was formed in 1993 with the goal of acquiring Commercial properties with the potential for substantial improvement through hands-on property management, market repositioning, and capital upgrades. We pursue an intense capital improvement and leasing program that, when combined with quality driven customer service, enables us to deliver consistently high tenant satisfaction and lease renewal rates.

1. Factors to Consider When Leasing a
Medical Space in Stamford, CT
Choosing the best location for your medical practice can break
or make its success. But what are the things that you need to
consider should you buy or lease or a medical space in
Stamford, CT? Determined by your current situation, leasing a
medical space can normally provide you with the most options
but it also is not for everyone. If you're new to medical practice
or are just seeking to change your present location, take into
account the following advantages and disadvantages of
leasing a medical space to help you guide your decision.
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2. • Pros:
1. You pay less advance or down payment. Due to mortgage closing
costs and down payments, purchasing a medical space is more
costly in the beginning; leasing, on the other hand, provides you with
more cash flow for start-up to place unto your medical practice.
When you lease a medical space in Stamford, CT, there's also no
associated risk of investment loss that accompany the ever-changing
trend of real estate market.
2. Property maintenance and management is supplied by the property
owner. This enables you to negotiate repair and maintenance, know
the annual and monthly expenses in advance, while focusing more
on your customers.
3. If you think you require more or less medical space in the future, you
can simply walk away from the rented medical space by the end of
the your contract and transfer.
4. You can lower your tax paperwork and payments: rent payments are
a legitimate business operating expense that is tax-deductible and
leasing needs a lot less paperwork at tax season than possessing a
medical space in Stamford, CT.
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4. • Cons:
1. If the rental period is too extended, you could be secured into a
contract for a medical office that no longer serves your purpose.
2. Renting a medical space never builds up equity.
3. The landlord or the property manager can limit modifications and
expansion. If this may be a problem for you in the long run, work out
a remedy during the preliminary negotiations prior to signing an
agreement.
4. You may find yourself paying off the monthly lease for excess and
empty medical space.
Leasing a medical space is not for everybody, just as purchasing is not
for all. Carefully consider the factors or pros and cons mentioned
above when leasing a medical space in Stamford, CT. Think about your
projected and current requirements to find an answer that works well
for you.
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