Address: 1231 1300 W Ste A, Centerville, UT 84014, USA
Phone: +18012953060
Sunday: Closed
Monday: 8AM–5PM
Tuesday: 8AM–5PM
Wednesday: 8AM–5PM
Thursday: 8AM–5PM
Friday: 8AM–3PM
Saturday: Closed
Garn
Bad drivers!!!! Beware! Have had multiple run ins with them near Farmington station where they’ve swerved violently, cut off others, and been overly aggressive drivers. Are those the type of people you want to trust with your next build? NO! Avoid them.
Obie Tric
I have been doing business with cool builders for years and have nothing but the upmost respect for the company and it’s employees. Couldn’t find a better company to partner with on any size project. Highly recommend them.
Brian Lifferth
Cook Builders are a fantastic company. They have built several projects for me - and I'm always impressed with their quality and hard work. They are honest and easy to work with. We have built projects together for over 12 years - and look forward to many more.
Jonathan Rodriguez
Cook Builders completes projects in the given time frame and on budget. The experience of the employees means you are getting the best service possible. I have worked closely with Nate for several months now and can attest to his knowledge and grit in doing the thing he says he will do.
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The basic definition of tenant improvements, otherwise known as leasehold improvements, are any customized alterations a building owner makes as part of a lease agreement. Many tenants or business owners buying a new lease may ask for changes to the physical space that better accommodate their company’s needs. A few examples of tenant improvements include adding offices, kitchen, additional bathrooms, conference rooms, or customized color schemes.
Tenant or leasehold improvements are made to the interior of commercial spaces. The type of tenant improvements that are the most worthwhile, depends on the business leasing the building. If you are making changes beyond the basics, a few to consider include break rooms, additional meeting spaces, reception areas, high-efficiency lighting, upgraded HVAC systems, and increased ceiling height.
A building improvement is a change done by the building owner that improves function, increases value, or extends use. Leasehold or tenant improvements are made for a specific tenant’s benefit. The Internal Revenue Service also treats these different types very differently.
One of the most common tenant improvements that landlord pay for in a commercial lease is a tenant lease improvement allowance. The changes that a tenant asks for should fit within those pre-arranged means. If the cost of improvements exceeds that TI allowance, the tenant must pay the difference. Usually, those numbers breakdown by price-per-square-foot or a total sum. Some landlords are flexible and willing to negotiate the TI allowance, especially if the rental market is doing well.
Incentivizing lease buyers includes tenant improvements, which are considered an asset of the lease. These improvements usually come in the form of a TI allowance. The improvement allowance is either a fixed amount or based on a certain price per square foot. You should discuss the terms related to the taxable asset with a financial advisor for distinct information.
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