Office Building Construction Cost
Not all types of construction cost the same per square foot – and even more importantly, the price of construction per square foot varies a great deal depending upon location across the United States. In fact, location alone can represent as much as 70% of the cost driver for a single-story office building, with the median for this type of construction ranging between $160 and $170 per square foot.
Because the age-old question “How much does office building construction cost?” is not one that can be easily answered, it remains a topic of debate for many to this day. Due to the wide variation in costs across different markets, there is no simple one-size-fits-all answer.
How Much Does It Cost?
What Affects Your Building Cost
Some factors that affect the costs of building any commercial project are; building materials, location, building type, and finishing.
The cost of commercial construction projects fluctuates a great deal depending on a variety of factors, including many pertinent variables such as:
Office Build Out
An office build-out is when a landlord’s contractor (or your contractor) perform construction on an office space to install walls, carpeting, paint, sinks, HVAC, ceilings, lighting, plumbing, bathrooms, and other such features, fixtures, and/or material finishes. The process of building out office space is also known as a tenant finish or commercial tenant improvements. Who pays for an office build-out depends on how you negotiate your lease contract. In some instances, the landlord will pay for 100% of a standard build-out; however, if you want high-end finishes, you may end up coming up a bit out of pocket