Retail suite improvement in a premium retail center
Champlin, MN - It's time to cut some ribbon! Stanley & Wencl is pleased to announce the grand opening of Hometown Veterinary Parters in Champlin, Minnesota. Our team, in collaboration with the owner, served as the General Contractor on this full ground-up renovation.
Commercial tenant improvements (TI), also known as commercial leasehold improvements or build-outs, are customized changes or repairs a landlord or tenant makes to their property as part of the lease agreement.
The specific business needs for Hometown Veterinary Partners improvement included:
4186 square feet of state-of-the-art animal hospital with multiple bays for patient treatment, offices and a light surgical suite will support local veterinarians and their furry patients. This animal medical practice will be spacious and comfortable and include a wall of fame - pictures of patients!
In commercial real estate, tenant improvements are common, especially in the office, retail, and medical industries. Ensure you know the types of improvement agreements, the pros and cons of each, and how to negotiate the best deal that will help your business and the landlord-tenant relationship to be successful.
Project Specs:
Contractor: Stanley & Wencl LLC
Size: 4,186 SF