When opening a business or moving locations, the costs of a commercial build out is one of a business’ biggest initial questions and cost concerns, especially when a specific budget has already been negotiated with a landlord. The cost of a build out can vary greatly depending on the age and condition of the existing space or building, the size and type of needed systems, proposed use of the business moving in, local permitting requirements, the quality and types of materials being used, and more.
General Ranges
Interior Buildouts
Costs vary depending on conditions of existing space, quality and types of building materials specified, local permitting requirements, professional services required, and delineated work scope responsibilities (i.e. Landlord, Tenant).
LOW $50-80 / SF
MID $81-135 / SF
HIGH $136-200 / SF
New Construction
Costs vary depending on local regulatory agency requirements including impact and permitting fees, professional services required, land and other civil improvements, quality and types of building materials specified, and delineated work scope responsibilities (i.e. Developer, Tenant).
LOW $150-$200 / SF
MID $201-315 / SF
HIGH $316-450 / SF