Stepping Ahead: Carroll Foot & Ankle Clinic Secures Strategic Turnkey Space for a Bright Future

CLIENT PROFILE:

Carroll Foot & Ankle Clinic, led by the esteemed Dr. Mike Carroll, represents a burgeoning podiatry practice newly independent and thriving in a competitive healthcare landscape. With a clear vision to provide top-tier foot and ankle care, the clinic successfully navigated its establishment as a standalone entity, securing a tailored, turnkey space to meet growing local demand. Emphasizing affordability and efficiency from the outset, the clinic’s strategic move into a fully customized space ensures its capability to deliver exceptional patient care while maintaining low overhead costs, positioning it for long-term success and a leading role in podiatric medicine.

CHALLENGE:

Carroll Foot & Ankle Clinic, a thriving podiatry practice, sought independence from Southside Foot Clinic due to rising local demand. They needed an affordable, turnkey space for their new practice to ensure success in the competitive podiatry market while keeping overhead costs low as a startup.

ACTION:

Upon an urgent request from Carroll Foot & Ankle Clinic, JDM Partners swiftly identified and secured a turnkey space, meeting their long-term practice needs within a month. Principal Owner and Broker, James Storey, negotiated market-breaking deal terms, including an $80/sf tenant improvement allowance, six months of free rent, and early access. These terms not only reduced overhead costs but also provided essential funds for a truly customized space. James collaborated with the clinic, coordinating with architects and contractors to ensure the facility met their specifications and would be fully operational by the targeted date.

Southpointe office park

RESULTS:

  • The negotiated deal terms included $80 per square foot in tenant improvements, six months of free rent, and early access prior to construction being completed.
  • The new space will allow the clinic to operate long-term and meet the demands of their market.
  • Carroll Foot & Ankle Clinic signed a new 10-year lease with a turnkey space in just one month after taking the assignment.

TESTIMONIAL:

“James Storey and JDM Partners quickly addressed our urgent need for a turnkey space, securing a perfect solution within a month. Their strategic negotiation not only reduced our overhead costs but also provided the funds for a customized, long-term practice space. We signed a 10-year lease, meeting our tight timeline, and will be fully operational by July 1st, 2023. The exceptional service and positive outcome make us highly recommend JDM Partners for navigating the competitive podiatry market.”

– Dr. Mike Carroll, Carroll Foot & Ankle Clinic