As a commercial tenant, a workspace that has a functional layout, proper amenities, and an attractive aesthetic is extremely crucial. Consequentially, the related costs are at the forefront of every tenant’s query. The costs of your project will vary depending on the scope of work, permitting requirements, location, square footage, the quality of materials used, and much more.
What is a Tenant Improvement Buildout?
A tenant improvement buildout is the customization of rental space to accommodate a tenant’s brand aesthetic and company culture. Typically a landlord will provide the tenant with an allowance to help pay for improvements as negotiated within the leasing agreement. However, tenants are responsible for the hire of an architect and/or commercial general contractor.
How much does an Interior Buildout Cost?
For interior buildouts, costs are usually estimated per square foot, arranged from low to high-end pricing. Below are some average costs per square foot for interior buildout:
Low-level costs including standard finishes, fixtures, and other materials range from $50-$80 per square foot.
Mid-level costs including moderate finishes, fixtures, and materials range from $80-$135 per square foot.
Higher costs including higher-end finishes, fixtures, and materials range from $136 to $200 per square foot.
These numbers are estimates based on average interior buildout costs in Texas. Please contact us at 832-871-4166 with your existing building plans on hand for a more accurate preliminary cost.