Episode 13: Whoops It Can Happen to You: The Importance of the Landlord’s Work Letter
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Episode 13: Whoops It Can Happen to You: The Importance of the Landlord’s Work Letter
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About this listen
Veterinary practices depend on accurate construction budgeting, which becomes nearly impossible when the landlord’s work letter doesn’t match the reality of the space. In this episode, Art and Hailee review a case where a tenant discovered—after signing—that the space lacked HVAC, electrical, drywall, and even a concrete slab.
Those missing items pushed contractor budgets well beyond the tenant’s expectations.
You’ll learn:
• How incomplete landlord delivery impacts veterinary construction budgets
• Why bidding from design drawings without MEPs leads to unreliable numbers
• The true cost of missing concrete, HVAC systems, and demising wall drywall
• What veterinarians should confirm before signing a retail lease
• How proper negotiation can secure TI funds to offset major omissions
A valuable episode for veterinarians looking to avoid expensive surprises in the build-out process.