Expansion Planning for Service-Based Businesses

Published by
Mike Wolson
Mike Wolson
Real Estate Broker
February 3, 2026
Strategic expansion planning is vital for service-based businesses aiming for sustainable growth.
See transcript

Hey, it's [Your Name] from +CRE.

This week's question:

Should you lease or buy your practice space?


Here's what I tell my dental and healthcare clients:


Lease if: 

You're opening in the next 6-12 months and need to move fast, you want flexibility to relocate or expand, or you'd rather invest capital in equipment and operations.


Buy if:

You're committed to the location for 10+ years, you have 30-40% down payment available, and the building fits your long-term vision perfectly.


Most first-time practice owners lease. It reduces risk while you establish your patient base.


If you're trying to make this decision right now, let's talk through your specific situation.

Link below to schedule a call.See you next week.

Want clarity on your situation?

If this topic connects to an active lease, expansion, or location decision, we can help assess options before commitments are made.
Start a conversation

Here are the exact situations we handle.

Your lease is expiring in 12-18 months

You need to decide: renew, relocate, or renegotiate. We help you understand your leverage and explore all options before you're under time pressure.

You need to understand buildout costs

Dental buildouts are expensive. We help you accurately budget, negotiate TI dollars from landlords, and find spaces that reduce your out-of-pocket costs.

You're opening your first practice location

The commercial leasing process is overwhelming. We translate the jargon, explain what's market-standard, and protect you from expensive mistakes.

You're not sure which suburbs make sense

Naperville vs Downers Grove? Northbrook vs Highland Park? We provide demographic data, competition analysis, and rent comparisons.

You're expanding to a second (or third) location

Growth is exciting but risky. We help you choose the right markets, avoid cannibalizing existing locations, and negotiate better terms with multi-site leverage.

You're stuck in a bad lease situation

High rent? Restrictive clauses? We review your options: assignment, sublease, early termination negotiation, or riding it out strategically.