admin / February 27, 2019
Cosmetic and Construction Improvements to Consider
The following are points to consider along with a sample punch list of cosmetic repairs to evaluate:
- Review Lease to confirm Lessee obligations upon expiration and vacating of premises.
- Schedule a walk through with Lessee prior to lease expiration to confirm; leasehold improvements, removal of equipment/ machinery, utility installations (removal or remain in place), establish a baseline for “broom swept” prior to expiration.
- Select minimum (2) contractors to bid cosmetic work to be completed.
- Select Contractor specify clearly defined list of work to be completed within a defined budget.
- Contractor to provide completion time line.
- Confirm that fire sprinkler system has a current five (5) year fire sprinkler certification in place.
- Secure copies of HVAC maintenance reports and service records by general contractor or roofing contractor.
- Confirm building meets all required ADA compliance features.
The following is a menu of cosmetic repairs Landlords consider in preparation for marketing a building for lease. Receiving estimates and quotes will help establish an acceptable budget:
- Parking area and truck loading areas inspected (paving/concrete).
- Patch, seal, slurry, and stripe
- Concrete repairs-cracked water gutters, concrete parking bumpers, curbs/gutter on site, truck court damage.
- Paint exterior of building.
- Paint interior office area and warehouse walls as needed.
- Shampoo rugs and clean flooring, do not replace. Each tenant has a different opinion on color carpet and flooring they may want.
- Landscaping-prune, replant as needed. Water sprinkler systems to be repaired and in good operating condition to comply with current drought conditions in region.
- Inspect and repair truck doors and all security doors in premises.
- Lighting-Warehouse, offices, and exterior security lighting should be repaired as needed.
- Plumbing-Inspect all restrooms. Water efficient urinals and toilets may need to be priced. Repair all leaks, damaged sinks and faucets.
- Price for five (5) year fire sprinkler certification (if needed). Inspect all windows, seals, cracks, locks, and window screens (if any).
- Estimate to deliver roof in water tight condition.
- HVAC condition report and repairs as needed.
- Replace, paint, or repair and office tiles, vents, or lighting ballasts.
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