Episode 13: Whoops It Can Happen to You: The Importance of the Landlord’s Work Letter
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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.