What size is the typical Honest-1 Center and how much will it cost to build?
The typical Honest-1 Center is 4000 square feet and has 6 service bays. We look for existing buildings that we lease and renovate to our specifications. We aim to get the up-fitting included in the rent. Up-fitting can vary considerably depending on many factors. Each conversion is budgeted based on the condition of the building, interior lobby and equipment. New buildings cost approximately $400,000 to $500,000 to build.
