Since finding a commercial space that meets your needs exactly is almost impossible, tenant improvements are in order, before starting to use it. These improvements consist in various custom interior finishes that must be negotiated up front with the landlord and written in the lease agreement. They may include:
- Installing new flooring (hardwood floor, laminate, carpet…)
- Demolishing existing walls or constructing new ones
- Re-painting the walls
- Making modifications to the electrical, HVAC or plumbing systems
- Other upgrades previously negotiated.
If you are in the position to start your tenant build out, make sure to communicate properly with the landlord and find out how much of the costs are they willing to cover. Also, it is good to know that some operations are not typically included in a tenant build out: office furniture, data cabling, phone cabling and other upgrades considered above standard.
You must also be aware that for starting your tenant build out, you need a lot of documents from property management, as well as from engineering: appropriate certificates, licenses, insurance, declarations, construction plans reviewed and approved, a proven Dallas general contractor and sub-contractors, permits, confirmations, other plans if necessary (such as fire safety plans), as well as a detailed schedule.
First Seen here: Checklist For Starting Your Tenant Build Out
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