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Lease & Space Types

White Box Space

White box space (also called 'vanilla shell') is a commercial lease condition where the landlord delivers the space with functional utilities — electrical panel, HVAC system, plumbing stub-outs, and a finished floor — but no tenant-specific interior improvements. The tenant then builds out walls, flooring, lighting, and fixtures to suit their concept.

Updated July 13, 2026

Key Facts

  • 1White box space typically cuts a tenant's buildout cost by $20–$40/sqft compared to a cold shell because core systems are already installed
  • 2Most inline retail centers and strip malls deliver spaces in white box condition
  • 3A white box space is not the same as move-in ready — significant construction is still required for most commercial concepts

What 'White Box' Means in Practice

A true white box space includes: a working electrical panel with adequate amperage, a distributed HVAC system, plumbing rough-in at the back of house (sink locations stubbed out), a sealed concrete or basic finished floor, and a painted drywall perimeter. Ceilings may be open or have a basic drop-ceiling grid.

What white box does not include: interior partition walls, specific lighting for the tenant's use, branded finishes, kitchen equipment, point-of-sale infrastructure, or restroom buildout beyond basic code compliance. These are all tenant responsibilities.

White Box vs. Cold Shell vs. Warm Vanilla Shell

White Box vs. Cold Shell vs. Warm Vanilla Shell
ConditionWhat's IncludedTenant Buildout Required
Cold Shell / Dark ShellBare structure only — no MEP, no finishesEverything — highest cost
White Box / Vanilla ShellMEP systems, basic finishes, no interior buildInterior partition, flooring, lighting, equipment
Warm Vanilla ShellWhite box + upgraded finishes, often with restroomsConcept-specific work only
Turnkey / Built-to-SuitFully built to tenant's specificationsNothing — ready to open

Frequently Asked Questions

Is white box the same as vanilla shell?

Yes. The two terms are used interchangeably in commercial real estate. White box is more common in retail markets; vanilla shell appears more often in office and mixed-use contexts.

How much does it cost to build out a white box space?

Depending on the concept, expect $40–$150/sqft in additional buildout costs on top of what the landlord has already provided. A simple retail store might need $40–$70/sqft; a restaurant or coffee shop will typically need $100–$200/sqft for kitchen, plumbing, and MEP upgrades.

What questions should I ask before signing a white box lease?

Confirm: What amperage is the electrical panel? Is the HVAC zoned for your use? Where are the plumbing stub-outs located? Are restrooms included? Has a grease trap or interceptor been installed? The answers determine whether a white box space works for your concept without major infrastructure upgrades.