Tenant Representation Healthcare Case Study

Northside Paws

5914 N College Ave | Indianapolis, IN 46220

CHALLENGE

Beth Frank, DVM, wanted to find a location to open her veterinarian hospital in the Broad Ripple/Nora area. These markets have limited availabilities along with higher rent demands which can make identifying a location for a start-up practice difficult. The financing of the practice had strict banking requirements that would impact lease negotiations too. Additionally, there would have to be buy in from a landlord to contribute tenant improvement dollars into the deal to ensure her practice would thrive and cash flow quickly.

SOLUTION

Beth Frank engaged Reliant Partners broker, Bobby Lind, to assist in her search to find the best location for her vet practice. She was referred to him based off his experience working with other start-up healthcare practices. By understanding the banking requirements for start-up’s and having the experience to educate landlords on the benefits a veterinarian hospital brings to their properties, Bobby was able to secure Dr. Frank the perfect space located off College Avenue in Broad Ripple.  This location is a well-known in the community and offers maximum visibility to help grow her business quickly.