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Dental Business

Could Your Dental Practice’s Lease Be Costing You Thousands?

Episode 83 · · 40 min · Hosted by Phil Cole

Show notes

Your real estate lease can make or break a dental practice transition. From overpriced rent and hidden fees to restrictive lease terms that prevent a sale or jeopardize bank financing, the details matter more than most dentists realize.

In this episode, Phil, CEO of KLAS Solutions, and Code Williams, Real Estate Broker with KLAS Solutions, uncover real-world situations where unfavorable leases nearly derailed practice sales and cost owners tens of thousands of dollars. We discuss what dentists need to know before signing a lease, negotiating a renewal, starting a practice, or preparing for retirement.

We also break down the pros and cons of leasing versus owning commercial real estate, how to recognize above-market rental rates, and why having the right team of professionals involved early can make all the difference.

In this episode, you'll learn:

  • How an overpriced lease can make your practice difficult—or impossible—to sell.
  • The hidden costs and unfavorable triple-net (NNN) terms dentists should watch out for.
  • Why transferable lease agreements are critical to a successful practice transition.
  • How to negotiate better terms, including tenant improvements, free rent, and expense protections.
  • When buying real estate may offer greater tax advantages and long-term retirement value.
  • Why your real estate agent, CPA, and lender need to work together before you make a deal.
  • How some long-term tenants end up paying 40–50% above market rent without realizing it.

The Bottom Line: Your lease isn't just a monthly expense. It's a major part of your practice's value, profitability, and future sellability. Make sure it's working for you—not against you.

Learn more about KLAS Solutions:

klassolutions.com

Real Estate Broker/Agent: code@klassolutions.com

CEO: phil@klassolutions.com

Join our FREE community today: klascommunity.com

About the show

This podcast is a community of dental professionals who share their knowledge, expertise and experience in order to provide value to you and your dental practice. Our topics will cover practice management, transitions, real estate, accounting, law, financial planning, dental product reviews, marketing and much more! We welcome you to visit us at to learn more about how we can help you build your dream practice.

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What we offer

  • Dental Coaching
  • Healthcare Coaching
  • Accounting
  • Transitions
  • Real Estate
  • Marketing

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