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Benchmarks or guideposts can be helpful in a general sense. But taken too literally they can lead to trouble. The following are offered to assist in the very early stages of project planning. As you move more deeply into the process, the unique criteria of your project may lead to an entirely different set of numbers. |
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Price/sq ft for finished space |
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New Building: |
$120 - $140/sq. ft. after price of lot |
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+ design |
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+ tap fees |
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+ chairs & instruments |
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Rennovation: |
$60 to $80 per square foot - the larger the space the lower the number. (can be as low as $60/sq. ft.) for renovation |
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New shell: |
$50 - $60 |
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Space calculation |
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1 doctor: |
2500 - 3000 sq. ft. |
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2 doctors: |
4000 - 4500 sq. ft. |
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3 doctors: |
6000 to 6500 sq. ft. |
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1500 sq. ft. per additional optometrist |
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Parking: 15 - 20 |
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Design fees |
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$5.00+/sq. ft. |
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Patients per day per doctor |
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OD: |
20-24 |
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MD: |
50-60 |
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Staff per doctor |
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2.5 to 3.5 |
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