Subleasing/renting a medical office. How much do we charge?
I work as the office manager (but not owner) of a medical office in Montgomery County, Maryland. We have extra space in our office that we are offering to another physician but are not sure how much to charge them for use of the space. Some will be private, some will be shared, we currently own our space and have a mortgage, but also pay HOA fees and property tax on the building. Is there a good calculator for this type of thing?
[{"id": "cp340mv", "text": "\nHoe much would renting an office like yours be? What percent of the office is the physician going to use? Charge him that percent of the like office rental.", "replies": [], "depth": 1}, {"id": "cp35i9u", "text": "Look at local rent comps in the area. Also, make sure the HOA allows for subleasing - some have language that restricts use. ", "replies": [], "depth": 1}, {"id": "cp6h7o1", "text": "Fyi, I do a lot of healthcare leasing... You should at least be aware of Stark considerations. Best is to get an appraisers opinion of rents, second would be a re broker opinion, and 3rd would be checking in with other proviers who have buildings, or to charge the same rent as the practice is charging itself. I am Not an an attorney, but inappropriate rents may be considered a stark kickback... the interpretation of what is appropriate and inappropriate is neither the landlord nor the tenants interpretation. With that ramble aside, there is no standard rate, buildings vary widely even in the same area. Factors include age, filled out, proximity to hospital, etc. properties within a mile of each other could have rates differ by a factor of two...", "replies": [], "depth": 1}]