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Lease Vs. Own: Cost Estimate Sample for 2-Surgery-Suite ASC Development
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Lease Vs. Own: Cost Estimate Sample for 2-Surgery-Suite ASC Development
| Lease Vs. Own: Cost Estimate Sample for 2-Surgery-Suite ASC Development |
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| Written by Jeff Eckert and Jerry VanderVeen | |
| Thursday, 21 August 2008 | |
This sample pro forma compares ownership versus a 15-year lease option for a sample two-surgery-suite, 8,500 square feet ASC development. It is still not quite an apples-to-apples comparison, because the leasing option would make more sense for a group going in a larger medical office building, whereas the ownership option makes more sense for a freestanding structure.
*Assumes a 1.5 percent increase in building value per year. Mr. Eckert ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) is senior principal with Kalamazoo, Mich.-based Eckert Wordell. Mr. VanderVeen ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) is president of MW Vanderveen, also based in Kalamazoo. |
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