Why is Commercial Construction Engineering Important?

Posted on November 13, 2020 by bafcorp20

When it comes to commercial construction work, engineering is by far one of the most important elements. Without precision engineering, severe consequences are more likely to occur. From unanticipated losses and expenses, to the very worst scenario of someone getting seriously injured or killed, the possible consequences are nothing short of dire. Bottom line, acute and skilled engineering is a vital part of the preconstruction process. If you are proposing to build or remodel a commercial property, it is wise to incorporate precision engineering into your plan.

Continue reading to learn why, and how you can get started on a quick bid in Indianapolis.

Indiana Commercial Construction Engineering 317-253-0531

Engineering is a Key Element to Commercial Construction Success

Commercial construction engineering supports safety, efficiency, and overall profitability. When you choose commercial engineering services, you can expect a comprehensive approach that covers all specifications and factors of a project. Such factors generally include electrical system and HVAC design, power system surveys, energy assessments, plumbing strategy, drafting, and designs for other types of mechanical systems within your commercial property.

Drafting

All construction plans involve drawings, which are a central part of the commercial engineering methodology. Not only do drafts provide a reliable format for referencing, but they can also maintain structure and compliance among all project staff. Drafts help avoid costly or dangerous misunderstandings and mistakes.

Energy Assessments

Proper construction engineering will address a property’s existing or prospective energy system. They will ensure that the correct type of energy system design is matched to your commercial building or property. The proper energy system plan will promote higher efficiency, which saves you money and supports the environment.

Electrical System and HVAC Design

An addition to energy assessment services, a construction engineer will also address electrical system and HVAC system design. This includes assessing which type of system is right for the property, as well as, assessing the required power, amount and arrangement of lighting, and fixtures for the property.

Power System Surveys

The power of a commercial building or property is a serious thing. Power system assessments will help to identify, foresee, and prevent certain electrical and power system failures. A construction engineering team will utilize several different resources and strategies to accomplish a power system survey, including short circuit studies, arc flash and shock hazard evaluations, and protective device coordination analyzes.

Plumbing Strategy

Construction engineering also acutely addresses the plumbing strategy for a commercial property. Important factors like ventilation, air quality, water quality, sewage, and more, are all analyzed and managed during the engineering preconstruction process. A solid design for your commercial plumbing system will set your company up for success.

Mechanical Systems

Other mechanical systems, such as natural gas or compressed air systems, must also be acutely addressed and planned out in the construction process. A qualified engineering team will be able to pinpoint a property’s exact mechanical needs, and even deliver post-construction facility maintenance for such systems.

Commercial Preconstruction and Design Build Services in Indianapolis

Contact BAF Corporation at 317-253-0531 for trusted commercial preconstruction services in Indianapolis, Indiana and its surrounding locations. Our commercial general contractors methodically strategize and define your project’s zoning, budgeting, scheduling, engineering, construction, and post-occupancy. In turn, we organize and expedite the construction delivery timeline and guarantee quality results. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

Indianapolis Commercial General Contracting and Design Build Services — Contact Us Today 317-253-0531

Top Reasons to Pressure Wash Your Commercial Siding

Posted on November 10, 2020 by bafcorp20

As a commercial proprietor who needs to improve your building’s appearance, you should consider professional pressure washing services. Especially for buildings with vinyl and fiber cement siding, commercial power washing services can instantly upgrade the exterior of a property, which in turn can entice more customers, clients, or tenants. The need for a safe and visually appealing real estate is especially important for commercial properties like multi-unit residential complexes, fitness centers, hospitals, educational facilities, office buildings, strip malls, hotels, and more. You see, when a commercial property looks clean and free of hazards, clients will feel more inclined to do business, whether they are shopping at your store, doing business with your company, or leasing commercial space.

Continue reading to learn more about the benefits of commercial pressure washing, with a central focus on buildings with vinyl and fiber cement siding.

Indianapolis Building Renovations 317-253-0531

What Pressure Washing Does for Commercial Siding

Most types of commercial buildings are perfect candidates for pressure washing. The outside of a property’s building and complex can accumulate massive amounts of dirt and dust, overtime. This kind of accumulation can turn people away from wanting to visit or do business with an establishment, mostly due to safety and sanitation concerns. Power washing both all exterior surfaces and systems can eliminate this kind of buildup, and restore a building’s original color, luster, shine, and safety.

Although pressure washing is primarily implemented for vinyl and cement fiber siding, with careful thought and proper technique, power washing can also be beneficial for brick, natural wood, stone, tile, and other types of common commercial siding. As mentioned, it is also highly effective for cleaning windows, doors, pavements, roofing, and more.

There are various cases in which businesses or properties can greatly profit from professional commercial power washing services. Aside from service-oriented businesses like the ones mentioned above, there are many more commercial settings that could need a thorough exterior cleaning, such as post construction on a new home or building.

Commercial complexes and businesses that can benefit from power washing:

☑ Hotels
☑ Schools
☑ Strip Malls
☑ Office Buildings
☑ Gyms
☑ Movie Theaters
☑ Restaurants
☑ Shopping Centers
☑ Parking Garages
☑ Drive-Thru Lanes
☑ Warehouses
☑ Factories
☑ Apartment Complexes
☑ Condominiums
☑ New Construction Homes
☑ Barns
☑ Car Ports

Professional Commercial Building Renovations in Indianapolis, Indiana

Call BAF Corporation at 317-253-0531 for trusted commercial building renovations in Indianapolis, Indiana. Our skilled and experienced commercial general contracting teams deliver a streamlined process that meets all defined engineering and design specifications, procurement, schedules, and budgets. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

4 Tips for Planning a Tenant Occupied Building Renovation

Posted on November 6, 2020 by bafcorp20

If you are thinking about having your commercial building renovated while maintaining tenant occupancy, your first step is already underway. Preparing ahead of time is a key strategy to implementing a successful commercial renovation while tenant-occupied. With a little knowledge and the right commercial construction contractors on your side, you can pull off any scale of remodel or renovation without jeopardizing your occupancy.

Continue reading to learn 4 particular factors to start your focus, as well as who to call for reputable commercial building renovations in Indiana.

Indianapolis Commercial Renovations 317-253-0531

4 Things You Can Do to Ensure a Successful Tenant-Occupied Renovation Project

☑ Develop a Plan

As mentioned, planning is a big part of commercial construction success. Get with an accomplished commercial general contractor who has experience with tenant-occupied building renovations, and begin to develop a preconstruction and design build plan.

☑ Foresee the Real-Time Impact

After developing a full plan for your commercial building renovation, really take the time to understand what the impact will look and feel like, for both you and your tenants. This can help you better prepare yourself and your tenants for what’s to come. You can tell them what to expect, when to except it, and what to do if they run into any problems.

☑ Stay in Communication

Along with preparing your tenants for a building renovation is good communication efforts. Staying in communication on a regular basis with your tenants is a great way to ensure a smooth construction process. Continually post or email reminders about certain construction days or any changes to the schedule, and make sure everyone knows how and who to communicate to when they have concerns.

☑ Implement Work in Phases

Working a project in phases is another key to facilitating a smooth and successful building renovation while tenant-occupied. Basically, your commercial construction team will decide the best scheduling strategy for certain parts of the renovation plans, and then schedule them in phases so that the entire building is not shut down or under construction at one time.

An Indiana Commercial Construction Company You Can Trust to Meet Your Renovation Specifications

Contact BAF Corporation at 317-253-0531 for superior commercial renovations in Indianapolis, Indiana. Our skilled and experienced commercial general contractors can help you decide which roofing option and course of action is best for your office or building. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

Simple Tips for Keeping a Commercial Business Clean for Customers

Posted on November 3, 2020 by bafcorp20

Staying in budget for a small business can sometimes be difficult, so cutting costs is common. One common area that small business owners tend to cut costs in is also one of the most important and over-looked aspects of running a successful business: cleanliness and public health. As most acknowledge, a commercial business should always be clean, tidy, and well-organized to remain a safe, contagion-free environment for staff and consumers alike.

Right now, in consideration of everything that has been happening in 2020 thus far, such a standard is more important than ever before.

You can rest assure that, as a business owner, you don’t have to cut costs when it comes to upholding your duty of routine cleaning, sanitation, and maintenance. This duty of care simply requires a little information, and some tactical effort on your part, in order to be successful and within budget. Not only does a healthier, cleaner environment increase your company’s overall success, but you can expect better reviews, more repeat business, improved cost management, and a sense of liability protection you’ve never experienced before.

Continue reading to learn how you can easily maintain a healthy, safe, and clean business, and who to call for professional Indianapolis facility maintenance contracting service you can trust.

Indianapolis Commercial Contracting and Facility Maintenance 317-253-0531

The Basic Standard of Office and Store Cleaning

It is inevitable that germs and bacteria will spread and be carried into your store. Now with flu season on horizon, COVID-19 is not the only transmissible disease of the season anymore. Fortunately, there are easy ways to prevent the spread of germs and bacteria in your place of business. With a basic understanding of common behaviors, you can better prevent contagious hot spots and environments. You see, every day that your business is open, consumers and staff enter your premise, touching everything from doorknobs and countertops, to retail items, pens, elevator buttons, railings, credit card machines, and much more. From there, many leave to run another errand somewhere else with plenty of tangible surface areas.

How many of these people have a cold or flu? How many have just sneezed and touched a doorknob that an employee then touches, causing them to call in sick the next week because they too now have a cold? These are common scenarios that lead to the spread of germs, bacteria, and ultimately, illness.

Basically, any and all areas that are repeatedly touched or handled require routine cleaning and sanitation. Depending on the area or system, cleaning and inspection schedules might be on a daily, weekly, monthly, bi-annual, or annual basis. Although these business cleaning and facility maintenance needs night seem like they are out of your budget, they are not. For daily and weekly cleaning, all you need are some quality supplies on hand, like micro-fiber cloths, clean rags, multi-purpose spray cleaners, store-bought floor cleaning solutions, dish soap, hand sanitizer, bleach, disposable sanitizing wipes, and clean water.

Use the disposable sanitizing wipes to periodically wipe off doorknobs, dressing rooms, chairs, countertops, registers, and other surfaces that may be contaminated with germs. Use the multi-purpose cleaner for glass and windows, dressing rooms, countertops, bathrooms, desks, and more for a more thorough clean once a day. Use wipes or sanitizer spray for touchscreens, light switches, and buttons. For floors, use the mop or floor cleaning solution on a daily basis to protect flooring and maintain safe walking environment for everyone. Bleach can also be used for floors and bathrooms, but remember to always dilute it with water.

For Larger-Scale Cleaning and Facility Maintenance Needs

It is highly recommended for businesses to outsource professional facility maintenance for large-scale inspection and service needs, such as electronic systems repair and maintenance, HVAC, roofing, machinery, lighting, technology applications, floor replacement, window and door replacement, painting, and similar commercial maintenance and renovation needs. As a small business owners yourself, these services are much more affordable than you think, especially if you use your commercial general contractor for facility maintenance service.

Leaders in Indiana Facility Maintenance Commercial Contracting Services

Contact BAF Corporation at 317-253-0531 for economically-priced commercial construction facility maintenance services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

Superior Design Build Commercial Construction in Indianapolis Indiana

Posted on October 30, 2020 by bafcorp20

In Indianapolis, Indiana, design build commercial construction is something that sets businesses apart in terms of quality and future success. For this reason, it is vital that you place your design build commercial construction needs in the hands of true industry superiors. Here at BAF Corporation, we act as your single source of accountability, from start to finish. This gives you peace of mind knowing that the process is being managed by a dedicated team of professionals whose ultimate goal is to deliver the highest standards of excellence in every detail of the project.

Indianapolis D/B Commercial Construction Contractors 317-253-0531

Our D/B Methodology is Simple Yet Impactful

BAF Corporation has spent years perfecting our design build methodology. Although simplified, it is a proven strategy of success for industries of all types. Overall, we work as a cohesive, multidisciplinary team, bridging the gap of communication among all stakeholders involved in a commercial construction project, such as clients, designers, architects, contractors, supplier, and construction partners.

► Firstly, our Indiana commercial construction general contractors focus on your overall mission and vision for the business so to create long-term value and success.

► Then, we combine our primary objectives are to maximize your business’s utility, function, and overall operational efficiency, all while artistically depicting your organization’s culture.

► We accomplish this all while remaining a single source of contact and accountability, from project commencement to completion.

Our design build delivery services Include, but are not limited to:

✅ Space Planning
✅ Permitting
✅ Preconstruction
✅ Conceptual Estimating
✅ Feasibility Studies
✅ Virtual Design/ 3d Modeling
✅ Facility Maintenance
✅ Design – Assist
✅ Structural Engineering
✅ Construction Management
✅ General Contracting
✅ Interior Design
✅ And More

How to Learn More About D/B Commercial Construction in Central Indiana

Contact our office today at 317-253-0531 to learn more about our Indiana design build commercial construction services, including your options for getting started with a consultation. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts.

What Utility Mapping Can Do for Your Commercial Construction Project

Posted on October 27, 2020 by bafcorp20

The application of utility mapping is often one of the most critical elements of a commercial construction development. The purpose of utility mapping is to diagram and chart of the infrastructure below the ground. Why is this important to the overall building plan? Because what lies underground can have a massive influence on what can be built above it. Furthermore, such charting applications can give insight on various other aspects of a commercial construction project.

Failure to properly map out your construction site’s underground infrastructure can have grave and lasting consequences, all of which can be added up on real dollars. Not only can missing or misidentifying structures underground lead to unanticipated costs and schedule delays, it can also pose serious safety risks.

To avoid costly delays, unexpected budget increases, unanticipated obstacles, and accidents, be sure to talk to your Indianapolis commercial general contractor about this vital phase of your upcoming build. In the meantime, scroll below to learn some of the key benefits to utility mapping preconstruction services, and how to request a trusted bid from a commercial general contractor in Indianapolis.

Indianapolis Commercial Preconstruction 317-253-0531

The Importance of Proper Underground Mapping

You have heard the old saying, “there’s more than what meets the eye.” When it comes to an undeveloped commercial site, the same epitaph applies. Below the ground, there could be an extensive system of electrical wires, telecom cables, plumbing pipes, gas mains, water mains, sewers, and much more. All of these structures and systems would play a massive role in space planning, and design build construction.

Although there are likely blueprints that specify what is underneath a commercial site, you cannot always rely on them to be comprehensive or up-to-date. In cases of older properties, the blueprints are usually lost, scattered, or nonexistent. Worst of all, there is really no other sure-fire way of confirming what is in the ground below without modern-day utility mapping technology.

Benefits of Utility Mapping Technology

🔎 IT SPOTS DANGEROUS CONDITIONS. Construction work is already a dangerous field, posing several safety risks and structural hazards on workers and the surrounding public. When it comes to excavating construction sites, as the old saying goes, “what you do not know can kill you.” Utility mapping sets a foundation to move forward safety with construction planning and work.

🔎 IT PREVENTS SCHEDULE SET-BACKS. Hitting any underground infrastructure while excavating a commercial site is a very bad situation. If it does not cause anyone harm, nor impose additional costs, you can still count on it setting back your schedule. Time is money when it comes to commercial construction, so avoiding this dilemma is one key toward the path of success.

🔎 IT SAFEGUARDS THE BUDGET. Running into underground structures and systems without knowing about them first will most certainly set back the work timeline, which will cost you money. But dealing with the underground infrastructure you stumble upon will also cost you money. Labor, materials, resources, and more planning would all add to the overall budget you had set from the beginning.

Your Leaders in Commercial Preconstruction Services in Indianapolis, Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial preconstruction services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

3 Approaches to Estimating the Market Value of Your Commercial Property

Posted on October 23, 2020 by bafcorp20

When you are a commercial real estate owner who is considering the idea of selling your asset, your first though will be its value. How much is your commercial property worth on the current market? Well, there are various factors that influence the market value of a commercial building, so generally, a multivariate approach is ultimately relied on for an accurate assessment. But calculating a commercial property’s total worth doesn’t always need to be accomplished by applying more than one methodology; often times, one method works well over all others. The three common methods used to evaluate the market value of commercial real estate include the replacement cost method, the income method, and the market value method.

Continue reading to learn how each method works, and what you can do to increase your building’s value before listing it on the market.

Space Planning and Tenant Improvements 317-253-0531

How Commercial Real Estate Defines Value

The commercial real estate market does not shy away from directness when it defines value. Basically, value is characterized as being the most realistic and probable price that a commercial property could realistically gain in an open, active, and competitive real estate market, when the business deal is handled reasonably, intelligently, and with integrity, by both the purchaser and seller.

3 Common Methods of Estimating Value of a Commercial Building

► The Replacement Cost Method

The replacement cost method operates under the suggestion that an advised buyer should pay the same, or less than, the cost of a hypothetical replacement property that retains equal utility. Under this estimation principle, a buyer would create the data of an equivalent property that is utilized optimally for the purpose of financial gain. Certain adjustments can be made to the replacement cost formula to further exact the sum, such as depreciation, economic obsolescence, tax credits, and more. This method is often used when there are no comparable commercial properties on the market, nearby.

► The Market Value Method

Also known as the comparable approach, estimating the real value of a commercial property using the market value method is one of the most direct and accurate ways it is done in the real estate world. This principle is applied by identifying similar listings in the commercial real estate market that are equivalent to the property under evaluation. A full analysis is done equating the similar sites to the one in question, and the data derived would be used to make a final determination of comparable value.

It is common to incorporate certain variables into the market value formula to make adjustments for comparable value, such as a property’s age, condition, future expected costs and gains, tax policies, land-to-building ratios, depreciation, and similar real life factors that impact the sale. Basically, the total price a commercial buyer is willing to pay for a property equivalent to the one being assessed is the real market value of that property.

► The Income Method

The income method is another common approach to assessing the market value of a commercial property. Using this method, a property would be valued by identifying its current value, and to what amount that current value will benefit the proprietor in the future in terms of income. Net operating income is considered future benefits in the commercial real estate market, and that factor is what ultimately determines the total value of a commercial property when using this method. Under this principle, an informed buyer should expect that the commercial property will generate its current operating income for the foreseeable future. This method of market value analysis is typically applied for properties that generate income, such as hotels.

Commercial Space Planning and Remodeling Can Increase Your Property’s Value

A commercial space planning contracting team knows how to plan and design your business from the ground up in a way that will promote ongoing future success and profitability. By combining all benefits of commercial space planning service, you ultimately achieve more successful and steadfast business growth.

Tenant Improvements for Existing Commercial Spaces

For spaces that are already built and designed, tenant improvement work can come in the form of build-outs or renovations. Most businesses looking to lease a new space will opt for prebuilt options. In this case, the existing design might not work for them, which is where TI work comes into play. Before a tenant takes over the lease on an existing space, renovations can be made to customize the property to meet the exact needs of the business.

Moving Business Locations in Indiana?

Trust Our Commercial Space Planning Contractors to Maximize Your Savings and Earnings

Contact BAF Corporation at 317-253-0531 for trusted commercial space planning and permitting in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors deliver a streamlined construction process that meets all defined engineering and design specifications, procurement, schedules, and budgets for your commercial office space or business. Call today to request free information or to schedule a consultation.

Common Solutions for Flat Roof Drainage Problems:

► Gutter Systems

Gutter systems are one of the most critical protective components of a commercial property. That is because they divert water off of a roof and away from the building. If your commercial flat roof is having drainage issues, it could be due to defective gutters, or not having a gutter system at all. Try adding a gutter system to your property, and see how well it works to protect your roof and more. Just be sure to have gutters installed by a professional and licensed commercial general contracting company in Indianapolis.

► Scuppers

Another workable solution for poor water drainage on flat commercial roofs is scuppers. Scuppers are outlets that project water runoff away from a commercial building, very similar to how gutters work. They are positioned on the edges of a roof, so they work well to keep siding and walls dry during times of precipitation. They work better against heavy rain, but do not stand up as well against snow and ice. This means they are best suited for regions that do not experience heavy snowfall or freezing temperatures.

► Internal Drains

Internal drainage systems are another great option for larger commercial buildings, especially those with roofs that tend to collect water in the center. For this reason, they are placed in intervals near the center of a roof, and retain an internal network of gutters and pipes that divert water to the exterior of a commercial building. They are commonly designed with guards or strainers that prevent leaves and twigs from obstructing any pipes.

Get a Commercial Roof Inspection Before Freezing Weather Arrives

If you do not want to be hit with an unexpected commercial roof repair, be sure to take care of any water drainage issues now while the weather still permits. Acting now will prevent further water damage, structural damage, and damage to your overall foundation. Contact an Indianapolis general contractor for expert advice and service you can trust.

Commercial Renovations for Roofing and More in Indianapolis, Indiana

Contact BAF Corporation at 317-253-0531 for trusted commercial construction services for flat roof systems in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding districts. Call today to request free information or to schedule a consultation.

Why Choose BAF Corporation for Healthcare Facility Construction in Indiana

Posted on October 14, 2020 by bafcorp20

We will facilitate a smooth and streamlined design build process that renders the exact vision you have, and within the budget you have set. Continue below to learn more reasons to choose us for hospital, medical facility, and healthcare center construction in Indianapolis, Indiana.

Indianapolis Commercial General Contractors — BAF Corporation Indianapolis, Indiana 317-253-0531

BAF Corporation is Your Leaders in Healthcare and Medical Facility Construction in Indiana

Here at BAF Corporation, we are proud of our reputation for delivering the highest quality craftsmanship and client support in the healthcare construction industry. Our Indianapolis commercial general contracting teams have decades of hands-on experiencing working with esteemed industry contemporaries, developing modern and effectual healthcare facilities and centers throughout Central Indiana. We have worked with Northpoint Pediatrics, Radiology of Indiana, Indianapolis Neuropsychiatric Hospital, Hematology Oncology of Indiana, the Noblesville Care Community Health Pavilion, Community Bariatrics, and more, right here in Indianapolis.

Healthcare General Contracting in Indianapolis

Check out some of our recent work at Community Bariatrics, Hematology Oncology of Indiana, the Noblesville Care Community Health Pavilion, Northpoint Pediatrics, Indianapolis Neuropsychiatric Hospital, Radiology of Indiana, and more, below!

Community Bariatrics, Hematology Oncology of Indiana, and Community North Atrium

Simply put, we build spaces designed to heal, while also supporting specific proprietor business objectives like budget and TI allowances.

The Future of Hospital and Medical Facility Construction

The healthcare construction industry has evolved quite a bit over the past several decades, from medical break-throughs and technological advancements, to design trends, sustainability, social awareness, and more. Here at BAF CORP, we stay current on all innovations, advancements, and economic analysis resources to ensure we deliver the most modern and high-performing facility that meets all business owner specifications.

We Provide Healthcare and Medical Facility Construction in Central Indiana for:

✤ Hospitals
✤ Nursing Homes
✤ Assisted Living Centers
✤ Rehabilitation Centers
✤ Urgent Care Facilities
✤ Dentist Offices
✤ Eye Care Facilities
✤ Diagnostics Centers
✤ Lab Result Centers
✤ Physical Therapy Centers
✤ Medical Offices
✤ And More

CLICK TO SCHEDULE AN IN-PERSON, ONLINE VIDEO, OR OVER-THE-PHONE CONSULTATION WITH A LICENSED COMMERCIAL HEALTHCARE GENERAL CONTRACTOR!

Contact BAF Corporation at 317-253-0531 to get started with a healthcare construction consultation for your healthcare facility or medical center. We serve all corporate, commercial, and industrial industries in Indianapolis, Indiana and its surrounding areas.

Common Operating Costs as a Commercial Tenant

Posted on October 12, 2020 by bafcorp20

Whether you are preparing to perform a routine audit of your commercial lease portfolio, or considering a list of potential office spaces for rent, rent is not the only operating cost to review. Aside from rent, there are many other types of operating costs for a rented commercial space. Continue reading to learn some of the most common operating costs you can expect as a commercial tenant, as well as, where to get trusted advice regarding tenant improvements.

Indianapolis Tenant Improvement (TI) Contractors — Tenant Improvements and Office Renovations in Indianapolis 317-253-0531

The Cost of Rent

You can certainly expect to pay rent for your commercial space, but also expect this expense to be the bulk of your total operating costs. Review your base rent cost, then follow up by reviewing how that cost might evolve or increase overtime. Be prepared to learn that your lease allows the commercial landlord to increase rent at their discretion, as many commercial leases do. However, in such cases, the rate at which the rent will increase, and by how much, is usually defined in the lease agreement from the start. There are likely set caps on how high the rent can get. Variable indicators, like the Consumer Price Index, might also influence a landlord’s method of rent changes.

Property Taxes

Taxes are an obvious cost for a commercial tenant, and for anyone working in the country for that matter. In your commercial agreement, the portion of property taxes paid might be with a single, double, or triple net lease. Furthermore, property tax reassessments can result in sudden and unexpected operating cost increases. Talk to your landlord when reviewing your lease, and ask whether or not the property has been assessed recently, or if any assessment is in the books.

Insurance Coverage

General liability insurance might also be an obvious operating expense for a commercial tenant, but there is more to consider when reviewing your lease. For instance, if you have a double or triple net lease, you must pay for a portion of the landlord’s property insurance. When renegotiating your liability insurance premiums, be sure you understand that your space’s location will have an impact.

Utility Costs

Like any other modern building or space, it will require the use of electricity, running water, heating and air conditioning, and many other modern utilities. So, you can expect to pay utility costs on a routine basis, unless you have a gross or full-service lease. Talk to your trusted Indianapolis commercial general contracting company to learn how you can keep utility costs down by incorporating more sustainable infrastructure, operations, and technology.

Miscellaneous Fees

Your landlord might require their commercial tenants to be responsible for paying certain miscellaneous property fees, separate from rent and utilities. Some examples of such fees include parking fees, permits, property facility maintenance, exterior sign displays, a possibly even a hidden repayment of rent abatement. Also, some landlords will offer first months’ rent free, but then require that month’s rent to be repaid by the end of the year. Watch out for this too when reviewing your lease agreement.

General Maintenance and Upkeep

Commercial tenants are generally responsible for maintaining the property on their own dime. This commonly includes expenses like facility maintenance, custodial services, indoor plant care, garbage and recycling, minor repairs, landscaping service, snow removal, and security. Be sure to look for these fees in your commercial lease, and discuss who is responsible for paying what when the time comes. Also be sure to discuss your TI allowance with your landlord, and perhaps plan a needed tenant improvements or remodels for your commercial space or building.

Office Renovations and TI Improvements in Indianapolis, Indiana

Contact BAF Corporation at 317-253-0531 for trusted office and commercial-use construction services in Indianapolis, Indiana and its surrounding locations. Our skilled and experienced commercial general contractors are certified specialists in tenant improvements, office remodels, and commercial-use construction services. Whether you are launching, expanding, renovating, or relocating an office or professional space, our commercial construction and building contractors have the qualified expertise, first-class resources, and latest technologies to support your business’s objectives and generate long-term value. We serve all corporate, commercial, and industrial.