Ambulatory Surgical Center Lease Agreements

Consult this practice note from current and former attorneys at McGuireWoods LLP to get up to speed on leases for ambulatory surgical centers (ASCs), which present unique issues that must be identified and negotiated by the attorneys representing landlords and ASC tenants. Understand why ASCs, which are healthcare facilities that provide same-day single or multi-specialty outpatient surgical care, present unique economic and noneconomic issues that must be addressed in the terms of the lease agreement. Draft an ASC lease for an entire building or a portion thereof, with specific emphasis on structural considerations, rights and obligations, and issues that arise later in the lease term (like subletting, subordination, and assignment). Get practical tips for drafting and negotiating ASC leases from both the landlord’s and the tenant’s perspectives.

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