Construction Cost Estimates for Retail Store in National, US
The following analysis estimates the cost to build a retail store using US National Average costs from 2013 RSMeans cost data. Costs are derived from a building model that assumes basic components, using union labor for a 8000
square foot building.
Scope differences and market conditions can cause costs to vary significantly. To see an estimate of the costs to build a retail store in a specific city or metropolitan area, go to our index of retail store models by state .
NOTE: This cost estimate uses 2013 RSMeans data. A more accurate estimate using current RSMeans cost data is available on Construction Estimating Software
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Retail Store Construction Cost Assumptions |
Location: |
US National Average
|
Stories: |
1
|
Story Height (L.F.): |
14.00
|
Floor Area (S.F.): |
8000
|
Basement Included: |
No
|
Data Release: |
Year 2013
|
|
Retail Store Square Foot Cost Assuming EIFS on Metal Studs / Steel Joists
Cost Estimate (Union Labor) |
% of Total |
Cost Per SF |
Cost |
Total |
|
$90.69 |
$725,500 |
Contractor Fees (GC,Overhead,Profit) |
25% |
$22.67 |
$181,400 |
Architectural Fees |
8% |
$9.07 |
$72,600 |
Total Building Cost |
$122.43 |
$979,400 |
Cost Estimate (Open Shop) |
% of Total |
Cost Per SF |
Cost |
Total |
|
$83.44 |
$667,500 |
Contractor Fees (GC,Overhead,Profit) |
25% |
$20.86 |
$166,900 |
Architectural Fees |
8% |
$8.34 |
$66,800 |
Total Building Cost |
$112.64 |
$901,100 |
OTHER OPTIONS:
Retail Store Square Foot Cost Assuming Face Brick on Concrete Block / Steel Joists
Retail Store Square Foot Cost Assuming Painted Reinforced Concrete / Steel Joists
Retail Store Square Foot Cost Assuming Split Face Concrete Block / Steel Joists
Retail Store Square Foot Cost Assuming Stucco on Concrete Block / Steel Joists
Retail Store Square Foot Cost Assuming Tilt-up Concrete Panels / Steel Joists