FOR MEDICAL AND PROFESSIONAL OFFICE
Medical and office property management software for a different lease structure entirely
Medical and professional office tenants are more often on gross or modified-gross leases than NNN, with build-out allowances, after-hours access needs, and longer terms than retail. Run that structure without forcing it into a retail-shaped CAM model.
Your property needs 3 decisions
Gross and modified-gross rent, not just NNN
Track a base year and expense stop per tenant, so an operating-expense increase above that stop bills correctly instead of being forced into a pro-rata CAM split.
Build-out and tenant-improvement tracking
Keep the negotiated TI allowance and any amortized repayment attached to the lease it came from.
Longer terms, tracked lease by lease
Medical and professional tenants often sign 5- to 10-year terms with fewer, larger rent steps—tracked the same way a shorter retail lease is, without extra manual setup.
Access and after-hours notes on the tenant record
A medical tenant's after-hours access requirements or suite-specific instructions stay with that tenant's record for whoever handles a maintenance request.
Most medical and office leases don't price like retail NNN
A retail strip mall or shopping center lease usually passes through CAM, taxes, and insurance on a pro-rata share. Medical and professional office leases more often use a base year and expense stop instead: the tenant pays a fixed base rent, and only the increase in operating expenses above the base year's amount gets billed back.
Running that structure through a tool built only for pro-rata CAM either misprices the tenant or forces the owner to track the base-year math by hand outside the system.
Build-outs are part of the lease, not a side project
A medical tenant's suite often needs plumbing, electrical, or layout work well beyond a retail build-out, financed through a negotiated tenant-improvement allowance. Keeping that allowance, any amortized repayment, and the underlying lease term together avoids losing track of what was actually promised.
- Base year and expense stop, per tenant
- Tenant-improvement allowance and any amortization
- Longer terms with fewer, larger rent steps
- After-hours access and suite-specific notes
What still needs a person
Negotiating a build-out allowance, coordinating a medical tenant's specialized buildout with contractors, or handling a compliance question still needs the owner or a specialist. TenantPoint keeps the resulting lease terms and expense-stop math organized—it doesn't design the buildout.