3 Things You Should Consider Before Investing In A Medical Office Building
Commercial Property Loans in Texas Medical office buildings, also known as MOBs, are an important asset class within the office commercial real estate market. These buildings generally offer investors stable, sizeable returns because they have a strong tenant base, low vacancy rates, and growing demand for outpatient services in retirement communities. If you’re thinking of investing in a medical office building, ask yourself these three questions before visiting the property or talking to your lender for commercial property loans in Texas. Where it’s located? Similar to other commercial real estate sectors, location is critical for medical office buildings. But location dynamics are different for medical office buildings compared to those of traditional office properties. MOBs near major hospital campuses tend to perform better, and those near retirement communities or areas with older populations also offer significant investment upsides. Does It Have the Right Features? When co...