Finding the right spot for a medical office in Santa Monica can be tricky. Many people think it’s all about location, but there’s more to consider, like lease rates and nearby services.

Top Locations for Leasing Medical Space in Santa Monica

Looking for medical space in Santa Monica? Here are some top locations to consider:

– The Medical Centre of Santa Monica

– 2001 & 2021 Santa Monica Boulevard

The Medical Centre of Santa Monica

The Medical Centre of Santa Monica distinguishes itself as an ideal location for healthcare professionals seeking to rent a place. It’s positioned within Santa Monica, CA, in proximity to significant landmarks such as UCLA Medical Center and Silicon Beach.

This makes it an optimal choice for doctors who prefer their practices to be close to major hospitals and technological hotspots.

The center provides contemporary spaces abundant with natural light, contributing to a pleasant atmosphere for both staff and patients. Each office is equipped and ready for use with electronic medical records systems.

Due to its location on Santa Monica Blvd, reaching there is straightforward, regardless of vehicle or public transportation. Plus, the proximity to shopping centers and eateries ensures added convenience for all who visit.

2001 & 2021 Santa Monica Boulevard

Moving from the Medical Centre of Santa Monica, we find another key spot for medical offices: 2001 & 2021 Santa Monica Boulevard. These addresses are prime locations right in downtown Santa Monica.

They stand out because of their easy access to major roads like Wilshire Blvd and the Santa Monica Freeway. This makes them very easy for patients to get to.

Both buildings offer spaces with modern designs that health professionals want. They have features like high-tech rooms and comfortable waiting areas. Plus, being close to other healthcare facilities helps doctors work together better.

With shops and cafes nearby, these spots also give convenience to visitors and staff.

Recent Medical Real Estate Market News in Santa Monica

The recent medical real estate market in Santa Monica shows a steady increase in lease rates. Spaces are becoming more available, particularly near hospitals and clinics. This trend reflects the city’s growing focus on healthcare facilities and services.

Trends in Lease Rates

Santa Monica’s medical real estate lease rates are influenced by various factors, similar to other property types. Economic indicators such as employment rates significantly affect lease rates.

Nearby transportation options and amenities also play a role in determining the lease rates for medical properties. Historical sales and leasing data can help forecast future trends in those rates, providing valuable insights for professionals.

The analysis of average property prices specific to medical spaces is essential when considering trends in lease rates. Proximity to hospitals and clinics remains a critical factor affecting the cost of leasing medical office spaces.

Moreover, quality-of-life metrics have an impact on demand and subsequently influence the lease rates for healthcare providers looking to establish or expand their presence in Santa Monica.

Availability of Spaces

Professionals should recognize the significance of these factors while exploring the intricacies of leasing medical space in Santa Monica. Before commencing their quest for the ideal location to improve their practice or business prospects, it’s important to consider how these elements support the constantly changing realm of medical office leasing.

Factors that Affect Santa Monica’s Current Medical Office Situation

Proximity to hospitals and clinics play a key role in shaping Santa Monica’s medical office landscape. Local health demographics also significantly influence the demand for medical spaces in the area.

Proximity to Hospitals and Clinics

The closeness of hospitals and clinics affects how attractive medical office locations are in Santa Monica. It increases the number of patients visiting those offices and makes it easier for both patients and healthcare providers to reach them.

Being near clinics also encourages collaboration among healthcare services, forming referral networks, partnerships, and enhancing the overall reputation of medical practices in the area.

Local Health Demographics

Santa Monica’s health demographics provide vital insights into the city’s medical office demand. With a population of approximately 90,000 people, Santa Monica attracts a diverse range of potential patients and healthcare clients.

The city also features an aging population, with around 17% of residents over the age of 65. Median household income in Santa Monica hovers around $88,000, highlighting the economic capacity of its populace to afford quality healthcare services.

Moreover, being home to several hospitals and clinics enhances the appeal for medical professionals seeking leasing opportunities.

Crime rates in Santa Monica remain notably low compared to other areas in Los Angeles County. This contributes positively towards creating an environment conducive for healthcare facilities and potential tenants considering medical spaces.

These factors significantly influence the demand for medical offices within this vibrant community.

What amenities are common in Santa Monica medical spaces?

Santa Monica medical spaces commonly offer amenities such as proximity to major highways and public transportation, nearby restaurants and shopping centers, access to quality healthcare facilities, and availability of recreational areas.

These amenities enhance convenience for patients, staff, and visitors while contributing to a well-rounded work environment for healthcare professionals.

The close vicinity of these medical spaces to amenities like public transport makes it easier for patients to reach the facility. Nearby restaurants and shopping centers provide convenience for employees on their breaks or visiting families.

Access to quality healthcare facilities is crucial as it ensures immediate assistance in case of emergencies or specialized care needs. Moreover, the availability of recreational areas can contribute positively towards staff well-being and patient recovery experiences through nature walks or open spaces conducive to relaxation.

Such amenities create an all-encompassing environment suitable not only for efficient healthcare delivery but also comfortable experiences for everyone involved in the medical space.

Next up is recent Medical Real Estate Market News in Santa Monica.

How do lease rates compare within the city?

Lease rates in the city vary widely. They depend on many things. Let’s look at a simple table to see the differences:

This table shows that lease rates can change, even in the same city. Factors like location, size, and nearby services affect the cost. For example, spaces closer to major roads might cost more. Also, areas with more people and businesses nearby might have higher rates.

These numbers offer a quick look at how rents change across Santa Monica. They help businesses pick the best place for their medical office. Now, let’s move to the next topic: recent market news.

Explore More Santa Monica Medical Office Spaces

Santa Monica offers a variety of medical office spaces in prime locations, such as the Medical Centre and Santa Monica Boulevard. With lease rates and accessibility playing pivotal roles, professionals can find suitable options near hospitals and clinics.

The city’s dynamic healthcare demographics make it an attractive location. When considering amenities, lease rates, and square footage within the city, individuals can discover tailored options that match their needs.

Whether it’s triple net leases or LEED-certified spaces, Santa Monica presents a range of choices for individuals seeking top-notch medical facilities. Proximity to major highways and public transportation adds another layer of convenience to these office spaces.