What is the average cost of facility maintenance per square foot?

The average cost of facility maintenance typically ranges from $1 to $3 per square foot annually, though this can vary significantly based on factors such as the type of facility, location, and specific maintenance requirements. For instance, industrial and specialized facilities may incur higher costs due to the complexity of their systems. Additionally, geographic location and the age of the building can also influence maintenance expenses. Regular assessments and tailored maintenance plans can help manage these costs effectively.