Whether you’re opening a franchise or starting your own business, the costs of a build-out of a commercial space is one of a business’ biggest questions and concerns, especially when sticking to a budget negotiated with a landlord. The cost of a build-out varies depending on the age and condition of a building and existing space, if certain parts can be reused, the type of business moving in, local permitting requirements, delineated work scope responsibilities, and 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 $50-80SF
MID $81-135SF
HIGH $136-200SF
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 $201-315SF
HIGH $316-450SF