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COMMERCIAL INTERIORS

KQ COMMERCIAL / 2020 DON’T LET THE INSIDE SCARE YOU AWAY FROM A GREAT LOCATION!

What’s best for your new business’ spot? Location, location, location! We’ve all heard it time and time again, find the best location you can afford in an area that will attract the most customers. But what happens when you walk into that space with all the hopes and anticipation of a child on Christmas morning and what you see makes you deflate instantly? Don’t let the inside scare you away like the creepy corner house on the trickor-treat block! If you’ve never looked for commercial space before, here are some terms we guarantee you haven’t heard of: • Cold Gray Shell • Warm Vanilla Shell • Turnkey While these certainly make us think of oysters, ice cream and a century-old chateau’s house keys, that’s not really what they mean. There are many variances of each of these terms, but in the most basic form: • Warm and Cold refer whether HVAC and plumbing systems are already installed

• Gray and Vanilla refer to whether the inside is all studs and possibly gravel flooring or if it has a finished floor, drywall & drop ceiling • Turnkey represents a space that is completely or mostly ready for occupancy There really are benefits to each type of space and what’s best for you comes down to how much work you want to do, how much you want to invest into the space and how quickly you want to be operating. A turnkey space may meet all your needs for your business with a fast-approaching opening date as everything is already there minus a few gallons of paint and jawdropping chandelier in the entry (if you haven’t seen the awesome Kenmore Team chandelier’s we encourage you to stop by and gawk!). Whereas a Vanilla Shell is “finished” but may not have any divided spaces inside for offices, lacks attractive lighting options or only has a concrete floor. This can feel more attainable and exciting for a new business since you can

design the layout inside as you like instead of how someone else had it. With the basics (you know… walls) already in place, you’ll see a realistic timetable for the completion of your design and costs. And of course, Gray is the most basic of spaces only having exterior walls usually with exposed studs and possibly a gravel floor. While this one may seem the scariest, if you’ve got the time and vision, you hold all the power to fully design the space of your dreams from the ground (or rather gravel) up. Something else you may not know is that you can ask the landlord to provide upgrades and/or finishings to your Turnkey shell or cover some of the remodel/construction costs on your “Oysters” and “Ice Cream”, I mean Gray and Vanilla shells. We highly encourage you to utilize an experienced Commercial Real Estate Broker to assist you with these type of lease negotiations. Call our office and Scott Howell or David Fritch can help you find that perfect space and negotiate your best lease options.

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