What does “White Box” mean?
The definition of “white box” (aka Vanilla Box) will be interpreted differently depending on the landlord and/or the market you are in however in most cases “white box” refers to the interior condition of either a new or existing retail space where the landlord’s improvements before delivery generally consist of installing heating/cooling units with delivery systems, a dropped ceiling with white tiles and lighting, electrical switches and outlets as required by city code, 1-2 restrooms depending on city requirements (one must be ADA), sheetrock walls that are ready to be painted, and a concrete floor.