All About Commercial Build Outs
Today, we’re talking about commercial build outs. What are they? And more importantly - who actually pays for the cost of building out the space?
Not every commercial space will be a perfect fit for every business. It’s actually very common for commercial spaces to require some renovation work before they’re ready for occupancy by a new tenant. Some spaces may be fully renovated and ready to go, but others may require you to implement your own design and renovations to bring them up to your company’s standards. Second-generation spaces, which are suites that were previously occupied by another tenant, usually require updating at the very least or a total makeover in the worst of cases. So, that’s where you’ll need a commercial build out.
About Your Host:
Tyler Cauble, Founder & President of The Cauble Group, is a commercial real estate broker and investor based in East Nashville. He’s the best selling author of Open for Business: The Insider’s Guide to Leasing Commercial Real Estate and has focused his career on serving commercial real estate investors as a board member for the Real Estate Investors of Nashville.
Each week, I'm going live at 8:30am CST for my "office hours" to answer your questions about commercial real estate on the show. Let's hear what you'd like to know when it comes to brokerage, investment, and development!