• Tenancy is defined as any business enterprise that is directly or quasi-directly related to the medical/dental industry
  -Pharmacies, test labs, X-ray, implants/prosthesis and physical therapy are sample industries that are ‘related'
• Occupancy can be a single medical/dental practice or multiple medical/dental practices
• Medical offices are typically located in close proximity to hospitals, but that is not a requirement
• Dental offices are located in both urban and suburban areas
• Properties can be converted from a prior use into a medical/dental configuration (i.e. former restaurant, large home or light industrial)
• Age of property is not an issue as long as it meets current building code requirements
• Owner-occupant owners typically hold title to the property in a Single Purpose Entity (i.e. LLC)
• Very strong property type within both conventional and SBA lending programs