Tenant Fit-Outs and Renovations
Whether you have a commercial space that you want to turn into a rental or are looking to renovate your own building, we can help you prepare the space for your tenants. We offer comprehensive tenant fit-outs and renovations to suit any type of space that you have in mind. Our service is complete, so you get full attention through every phase of design and construction.
What Is A Tenant Fit-Out?
A tenant fit out is the process of making interior spaces suitable for occupation. It is often used in relation to office developments, where the main frame is completed by the contractor, and the final details by the tenant or occupant. The tenant will generally be leasing space as a tenant from the the owner of the property. Depending on the building’s degree of completion, and the interior specification required by the occupant, fit-outs can take on a range of different forms including:
- Shell and Core
- Category A Fit-Out
- Category B Fit-Out
- Turnkey Developments
Each type of fit-out has different levels of construction and completion depending on the agreement between the leasing agent and the tenant. We can sit down with you and go over the fine details of each type of tenant fit-out.
Complete Renovation From Start To Finish
One of the benefits of partnering with Tesla Electrical Solutions is that we help you with your project from design and planning all the way to completion. We offer all types of wiring and electronic options, including complete wiring systems, lighting, panel upgrades, surge protection, L.E.D., and even new construction in any area of the building. No matter what you’re looking for, we have innovative solutions that will set your tenant fit-out apart from the rest.
The Benefits of Tenant Fit-Outs
If you’re wondering whether tenant fit-outs are a good idea, you’re not alone. Most commercial property owners consider the advantages and benefits of before ever launching. There is an upside to tenant fit-outs that can make them a great investment.
- Longer leasing terms that can extend 2-3 years.
- Flexible rent charges and negotiation
- Tenants are generally responsible for subsequent renovations and improvements.
- Higher collateral conditions
- Limits competition through exclusivity. This benefits both the tenant and the owner.