Everything to Know About Leasehold Improvements

What are Leasehold Improvements?

Leasehold improvement, otherwise known as tenant improvement, refers to any enhancement, addition, alteration, or installation to a commercial space, including office, retail, or industrial spaces. As a business owner, you want a commercial space that is functional, comfortable, attractive, and efficient for your working needs.

From adding private offices, meeting spaces, or changing floors and lighting, there is so much you may want to do with your retail/office space. However, since you don’t own the building, you may feel restricted from making these changes. With a leasehold improvement, you can work with your landlord to modify a rental space and transform it into what you truly want.

Benefits of Leasehold Improvements

Such improvements have several benefits for both the tenant and the property owner. As a business owner, you create a space that better suits the needs of your business and boost customer satisfaction, which translates to better sales.

With enhanced customer satisfaction comes renewals, added value, and more future benefits for the property owner. Ben Stout’s commercial upfit option is ready to help you get started with all your construction upgrade needs upon negotiating a leasehold improvement with your property owner.

Improvements for Your Commercial Space

Depending on your needs, there are many structural changes you can make to a leased space to make it suitable for your business. These include:

  • Energy-efficient construction
  • Interior remodels, expansions, fixture and casework replacements
  • Deck, patio and porch additions
  • Custom lighting installation, wall protection installation, door installations, flooring upgrades, and more.

Trust the experienced contractors at Ben Stout Construction to manage the design and planning aspects of your tenant improvement. We’ll guide you through the construction process to create the commercial space you need. We undertake all work promptly and with minimal disruption to move your business into a working state.

For all your tenant improvement construction projects, don’t hesitate to contact us at 910-779-0019 or visit benstoutconstruction.com to learn more.

*Upgrades, selections, and incentives are subjected to credit approval and the stage of construction. Some limitations may apply. Promotions, terms, prices, features, amenities, options, floor plans, square footages, elevations, designs, materials, HOA fees, and descriptions are subject to change without notice. Square footages are approximate and may vary in construction and depending on the standard measurement used. Renderings, pictures, photographs, video, square footages, floor plans, elevations, features, colors, and sizes are approximate for illustration purposes only and may vary from the homes as built.