Medical Office Buildings (MOBs) are specialized commercial properties designed to house medical practices and provide healthcare facilities. These buildings serve as centralized locations for a range of healthcare services, offering a convenient and accessible setting for patients to receive primary care, diagnostic tests, consultations, and other medical treatments.
MOBs are purpose-built structures that typically cater to a diverse array of medical specialties, such as doctors' offices, dental clinics, outpatient surgery centers, laboratories, radiology facilities, and physical therapy centers. These buildings are equipped with state-of-the-art medical equipment and technologies to support patient care and diagnostic procedures.
One of the distinguishing features of medical office buildings is their strategic location, often situated within or near hospital campuses or healthcare districts. This proximity allows for collaboration between medical professionals and facilitates referral networks between practitioners, offering patients comprehensive medical services in one complex. Furthermore, MOBs are designed to provide a comfortable environment for visitors, incorporating amenities like waiting areas, reception desks, elevators, and parking facilities to enhance the patient experience.
In addition to housing medical practices, MOBs also serve as an investment asset class for real estate investors and healthcare providers. They generate revenue through rental income from tenants and often offer long-term leases to healthcare providers, ensuring stability in rental returns. The demand for medical office buildings has increased in recent years due to the growing healthcare industry and the need for easily accessible outpatient services.
