The purchase of a Medical Office Suite works much the same as buying a stand-alone office building— but with the advantage of amortizing operating costs over a larger population of tenants, residents, and owners— thus reducing a doctor’s overhead.

Building equity via real estate is one of the few dependable ways left to keep a practice financially thriving. Through the ownership of a Medical Office Condominium, the owner receives additional tax breaks, builds equity in their own building, and does not have the worry of leasing out an entire stand-alone building in order to break even.

The Medical Office Condominium concept apparently falls between the real estate stances of two camps of doctors:

• On the one hand are those who would rather just lease their space and leave the ownership details to others.

• On the other side are those who prefer to have full equity in all their investments, including the place where they practice, which is usually done by purchasing complete buildings.

As with residential real estate, “location, location, location” reigns as the top consideration for medical space. Patient and doctor convenience is paramount, especially for those involved in surgery and critical-care issues.

The Meridian Medical Office Space consists of one and one half stories, totaling 23,820 square feet of space. Units can be purchased and configured in suite sizes ranging from 650 square feet to entire floors.