The "Medtail" market is growing as healthcare providers increasingly adopt retail real estate, driven by lower rents and improved patient accessibility. While traditional medical offices still dominate, the shift toward community centers and malls is gaining momentum. Key drivers include the rise of urgent cares and the removal of professional stigmas regarding retail settings. Financially, the industry is transitioning to triple-net leases, with significant focus on tenant improvement allowances and ROI. However, strict regulatory standards like OSHPD can significantly increase development costs for high-caliber facilities.
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