Youtor
Tenant Improvement Allowances What They Are And How They Work
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Today, we’re going to be talking about tenant improvement allowances when leasing commercial real estate: what are they and how do they work? • If you have ever started a search for commercial real estate, you likely know that your new space will require some form of build-out. It’s almost guaranteed. Whether you are searching for retail, office, or industrial property, it is important to plan for construction and the costs that are associated with retrofitting a space. Although looming construction costs can be intimidating, tenants have the option to push for a tenant improvement allowance in order to help mitigate the costs associated with a build-out. • Tenant improvement allowances, also known as TI, TIA, or TA, are a pre-negotiated sum of money that a landlord will provide the tenant in order to cover all or a portion of costs to build out the space. • Interested in some aspect of commercial real estate that I haven't discussed yet? Please let me know in the comments! • // LEARN MORE ABOUT INVESTING • ○ 5 Steps to Buying Your First Property • • Commercial Real Estate Investing: 5 S... • ○ 5 Ways to Buy Commercial Property [With No Money!] • • 5 Ways To Buy Commercial Property wit... • ○ The Ultimate Guide to Passive Income • • Commercial Real Estate Investing (The... • ○ The Commercial BRRRR • • The Commercial BRRRR (A How to Guide) • ○ How to House Hack Commercial Real Estate • • How to House Hack Commercial Real E... • // LEARN MORE ABOUT LEASING • ○ How to Calculate Commercial Rent • • How to Calculate Commercial Rent [Pri... • ○ How to Find Commercial Space for Rent • • How To Find Commercial Space For Rent... • ○ Commercial Build Outs • • Commercial Build Outs (What They Are ... • ○ Tenant Improvement Allowances • • Tenant Improvement Allowances [What T... • ○ Commercial Lease Structures [NNN, FSG, MG] • • Commercial Lease Structures [What NNN... • // CHECK OUT MY BOOK, OPEN FOR BUSINESS • ○ Get the hardcopy • https://bit.ly/OpenForBusinessBook • ○ Listen to it on Audible: • https://adbl.co/2WOBPYW • // COMMERCIAL REAL ESTATE EDUCATION: • ○ The 10 Books You Need to Read on Commercial Real Estate - https://bit.ly/10-CRE-books • ○ My Real Estate Investor Toolkit (What Every Investor Needs to Have) https://bit.ly/3dNebm0 • //FOLLOW ALONG: • ○ Newsletters: https://www.tylercauble.com/newsletter • ○ Blog: http://tylercauble.com/blog • ○ Instagram: / commercial_in_nashville • ○ LinkedIn: / tylercauble • // CONTACT • ○ For all subscribers with general questions or comments, please contact me via Instagram @Commercial_in_Nashville • ○ For inquiries regarding consulting and coaching in commercial real estate, please email [email protected] • // ABOUT TYLER • Tyler Cauble is Founding Principal and President of The Cauble Group, an East Nashville-based commercial real estate brokerage serving the Greater Nashville Area. He's a native Nashvillian that has not only been a witness to the city's tremendous growth, but is also involved in it through his developments, renovation projects, and volunteer work. • As President of The Cauble Group, Tyler helps bring together buyers, sellers, landlords, and tenants in retail, office, industrial, and multi-family real estate. He’s committed to helping business owners understand the market so that they can grow their business and be part of Nashville’s future. Cauble is also the best-selling author of Open For Business: The Insider's Guide to Leasing Commercial Real Estate. • And make sure you subscribe to the channel so that you don't miss any of our weekly videos! • DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you. • Sharing commercial real estate tips to help you grow your investments and your business. • #tenantimprovementallowance #TIA #buildout
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