GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cam Costs Per Square Foot

The average cost of a cam per square foot is $2.50.

Last Updated: June 23, 2024

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In this post, we will explore various statistics on Common Area Maintenance (CAM) costs per square foot in different regions across the United States. From retail spaces to industrial properties and office buildings, understanding these average costs can provide valuable insights for tenants and property owners alike.

Statistic 1

"On average, CAM charges for the retail consumer run between $2.50 and $4.50 per square foot."

Statistic 2

"According to a report by NAIOP, the annual CAM costs per square foot for industrial properties range from $0.88 to $1.50."

Statistic 3

"The national average CAM expenses for office space, on a square foot basis, is $7.82."

Statistic 4

"In Miami, office users can expect to pay approximately between $14 and $17 per square foot for CAM."

Statistic 5

"In San Francisco, the average cost per square foot for CAM is about $20."

Statistic 6

"In Atlanta, Georgia, the average cost for CAM per square foot can reach $22.60."

Statistic 7

"According to a Cushman Wakefield report, in Washington D.C, the CAM costs per Square foot were estimated at $14.74."

Statistic 8

"In Denver, Colorado, the average CAM rate is approximately $9 per square foot."

Statistic 9

"In Boston, the cost of CAM per square foot annually is estimated to be $30.23."

In conclusion, CAM costs per square foot vary significantly across different types of properties and locations. Retail consumer CAM charges typically range between $2.50 and $4.50 per square foot, while industrial properties have lower annual costs ranging from $0.88 to $1.50 per square foot. Office space tends to have the highest average CAM expenses, with national averages around $7.82 per square foot and higher rates in cities like Miami, San Francisco, Atlanta, Washington D.C., and Boston. Understanding these variations is crucial for businesses and property owners to accurately budget for CAM expenses in their financial planning.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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