When purchasing a commercial building, there are a lot of factors to take into account. Not only are there financial considerations involved, such as whether or not the property fits into the budget, there are also physical attributes of the building that need to be considered. Commercial buildings tend to be much larger than residential properties and have different needs. The roof in particular is often very different on a commercial building. Here are three things to consider when it comes to the roof on a commercial building.
Regular Inspections Are Necessary
The first thing that anyone who is purchasing a commercial building should do is get a roof inspection. A thorough roof inspection will determine what shape the roof is in and whether or not it needs to be repaired or replaced. Commercial roofing is different than residential roofing, and it's necessary to find an inspector who is experienced with commercial roofs. The average cost of a commercial roof inspection is $443. It's also a good idea to have commercial roof inspections done annually in order to ensure that the roof stays in good shape.
Another thing to consider when it comes to a commercial roof is its lifespan. The lifespan of a commercial roof can vary depending on the materials used, the type of roof, and the local climate. The average lifespan of a commercial roof is around 20 years. If a roof is close to that age, replacement may be on the table sooner than later. When purchasing a commercial building it's important to consider whether or not replacement is going to be necessary within a few years. The average cost of a commercial roof is anywhere from $1.50 to $10 per square foot installed.
Maintenance is another thing that commercial building owners should also take into consideration. Regular maintenance for a commercial building's roof is something that is a necessity. Failure to properly maintain a commercial roof can lead to a shortened roof lifespan. Roof maintenance usually costs between one and three percent of the total cost of the roof per year. Regular commercial roof inspections will ensure that the roof is being properly maintained and alert owners to any potential issues that can lead to the need for an early roof replacement.
Purchasing a commercial building is a big expense. These properties tend to be larger and have different needs than residential spaces. It's important to also consider that the roof on a commercial building has different needs. Regular roofing inspections are a necessity when purchasing a commercial building. It's also important to consider the lifespan of the roof as well as its maintenance needs.