Leasing Medical Office

[Ross Hewitt]

Hi all,

I have looked at a couple medical office buildings near Kansas City. Most tenants from what I have seen have about 6-8 years left on their leases and I'm wondering what re-leasing the space is like, should they decide to leave. I know each location is different, but how long does it typically take to lease a space? We could hypothetically say maybe one is near a hospital, one is in a retail-type building, and one is standalone in a suburban setting. What advantages/disadvantages do these locations offer? Would this significantly impact returns come year 7 if tenants decide to leave? Would love to connect with a medical office leasing broker.

Thanks