Vanilla Shell
A Vanilla Shell - also known as a Vanilla box, white box or whiteboxing – is something very common in commercial real estate and growingly common in residential real estate. In many ways, it’s the opposite of Home Staging, where home sellers “stage” their homes in a way that home sellers can envision a nice, clean room where they would enjoy spending the rest of their lives. A vanilla shell is more of a blank canvas; it’s the habit of leaving the house with the bare minimum so the home buyer can envision anything they want (and can), rather than confining their imagination to one or two different trends.
So, a Vanilla shell apartment has that “naked feel”: no furniture, no appliances, and big finishes. Just the walls, plumbing, ceiling, floor, power outlets, lighting, and HVAC.
If you’re thinking that would push away home buyers; think again. Vanilla shells are very trendy especially in big markets among Millenials. They want to envision their future the way they want, with no interference and will have an even higher sense of ownership and feeling of novelty if the house or apartment is a vanilla shell. That’s why real estate agents are more and more advising their home sellers to consider going vanilla shell, even if the property is already “staged” with objects and furniture they use to have in the home.
Now, in commercial real estate vanilla shell has been popular – if not the norm! – for some time now. In fact, most retail stores are bounded by contract to return the property (once the lease is up) in full vanilla shell glory. The reason is pretty simple: each retail store has their own pre-designed visual communication and logistics, so the Landlord would need to deal with destroying all construction every time he/she changed the Tenant, so the new one could see if the place was good enough for their business. It’s a bit different for, say, McDonald’s to see if a place is good for their burgers when it’s “disguised” as an Advanced Auto Parts; it’s just too different of a business. So, the Landlord bounds by contract that the Tenant has to white box-it before they leave, turning the place back to its bare minimum.
Not to be confused with a Cold Shell (also known as Grey Shell)
Real Estate Tip:
Want to learn more about the subject? Read our blog about Vanilla Box: The real estate trend that’s taking residential by force!
And don’t go vanilla shell when it comes to knowledge. Don’t settle for the minimum: treat yourself with our real estate glossary terms and enlist the help of a local real estate agent when looking to buy a home or sell a home!
Popular Real Estate Terms
A house having stucco or brick siding mixed with some wood. The house usually is two or more stories. ...
A style of architecture originating in Europe in the 1920s. The international architecture design was very functional and emphasized buildings constructed of steel, reinforced concrete, and ...
The reason a property appraisal is being made. The purpose of the appraisal is the first step in the appraisal process. The purpose of the appraisal should answer several questions: ...
Premiums in insurance and real estate define as a bonus or surplus money. A dividend means a periodic fee you have to pay for your insurance protection. While in real estate, a premium ...
Property of a defaulted borrower is sold under court order, and the judge must approve the amount received. For example, Fidelity Bank has a first mortgage balance of $100,000 on Mr. X's ...
Regulation of the Securities and Exchange Commission (SEC) establishing the criteria to avoid a private offering. For example, John wants to sell shares in an apartment house to several ...
Association of the owners of all condominium units in a building that is concerned with managing day-to-day matters in the building complex, including the surrounding and enforcing ...
Interest rate on a mortgage that moves up or down based on some variable such as an index of lender's cost of funds, inflation rate, or prime rate. ...
Also called earnest money. Money deposited with an individual for security for the performance of some contract. This is intended to show his/her willingness to follow through with the ...

Have a question or comment?
We're here to help.