Indiana Medical Lease Agreement (2025)

Indiana's medical real estate market is robust, driven by a growing demand for healthcare services. Typical medical lease terms range from five to ten years, with renewal options being a common feature. Vacancy rates have stabilized at around 8%, reflecting a balance between supply and demand. Current trends include a shift towards telemedicine-friendly spaces and integrated healthcare facilities. With an aging population, the need for specialized healthcare services continues to rise, making medical real estate a lucrative investment in Indiana.

• Ensure ADA compliance: Landlords must ensure that their properties comply with the Americans with Disabilities Act (ADA), providing accessible facilities for all users.
• Maintain building safety: Regular inspections and maintenance of electrical, plumbing, and HVAC systems are mandatory to meet Indiana's building codes.
• Provide fit-out allowances: It's customary for landlords to offer fit-out allowances to tenants, covering specific medical office requirements such as specialized equipment installations.
• Disclose environmental hazards: Landlords are required to disclose any known environmental hazards, such as asbestos or lead, as per Indiana state regulations.
• Obtain necessary permits: Landlords must secure all necessary zoning and building permits prior to leasing their properties for medical use.

• Right to a habitable space: Tenants are entitled to a space that meets health, safety, and building codes, ensuring a safe working environment.
• Right to privacy: Medical tenants have the right to enforce privacy regulations, including compliance with HIPAA standards.
• Right to make necessary modifications: Tenants can make modifications necessary for medical practice, provided they comply with lease terms and obtain landlord approval.
• Right to renew lease: Many leases in Indiana include a renewal clause, giving tenants the option to extend their lease under predetermined conditions.
• Protection against arbitrary eviction: Indiana law protects tenants from eviction without proper cause, ensuring stability for medical practices.

In Indiana, medical leases must adhere to specific zoning laws that classify properties as healthcare facilities. This involves obtaining the appropriate zoning permits and adhering to health department regulations. Additionally, medical tenants must carry adequate liability insurance, often with higher coverage limits due to the nature of the business. Ensuring compliance with building codes and obtaining the necessary business licenses are also critical steps for medical tenants.

Medical offices, clinics, healthcare facilities

State: Indiana

Property Type: Medical

Document: Commercial Lease