Give Us a Call:

(844) 825-3589

2000 West Loop South, Suite 1060 Houston, TX

Process

Our Process

Phelps Commercial Realty will guide and support you through every step of the process.

As Texas’s top commercial real estate advisors, we act as your project manager by partnering with lenders, equipment specialist, contractors and attorneys.

Launch Your Journey

Identify Location

Negotiate Letter of Intent

Project Management

Launch
YourJourney

Discuss your vision and goals for your new practice. Discuss the areas of growth and opportunities within your target market.

Find the ideal location for your practice with regard to accessibility, visibility, co-tenancy, demographic studies, competition analysis, and epicenters of commerce.

Identify
Location

Negotiate Letter
on Intent

Negotiate the best possible terms and conditions on your behalf:

Lowest possible rental rates
Maximum Tenant Improvement Dollars from the Landlord to help subsidize the build-out of your practice
Longest possible free rent
Exclusivity clause to eliminate or reduce future competition
Option periods
Other business terms in your lease.
Legal Review Build Out Grand Opening

This is a crucial step where you receive the lease from your landlord.  Although, we do not offer legal advice,  we work in conjunction with you and your attorney to ensure all the business points are incorporated into your lease. If needed, we can recommend several attorneys who specialize in medical lease review and healthcare real estate.

After your lease has been executed and permits have been obtained, you can begin your buildout.  It is so exciting to see your vision come to life one step at a time!  If needed, we can recommend several healthcare-specific contractors who have proved to be invaluable resources to our clients.

You are open for business and ready to see your first patient at your new practice!  We are here to ensure your success and will support you even after your Grand Opening.  Congratulations!

Project
Management

Need Help?

Get In Touch With Us!

We are ready to help you with all your real estate needs.

Testimonial

See what our clients have to say

Read what our satisfied clients have to say about working with Phelps Commercial Realty and our knowledgeable team.