How much would it cost to build a small "Taxpayer Store"

Right now, I am evaluating buying a vacant lot, developing a one story building, and offering it out as a NNN lease to a retail store.  The location seems appropriate, and it is zoned for retail.   I have a good idea what the rents would be.  But I can’t figure out if the deal makes sense because I have never done a project like this before. The lot is 25×100\.  I want to build a plain vanilla box with a nice big storefront window, 12 – 14 foot cielings, insulated, HVAC, toilets, kitchenette.  The dimensions of the building would be somewhere between 25×60 and 25×100 depending on what kind of lot coverage I am allowed. 

It seems simple enough that it should not cost an outrageous amount of money.  But really I have no idea at all what the price of actually constructing a very simple building should be.  Can anybody offer me any insight to this?

Colorado

in Heating 12 years and 6 months ago

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joearchitect | 12 years and 6 months ago

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I would plan for more like $200 – $250/sf hard costs only.  It could be a little lower if the building is bigger or higher if the building has to be smaller.  Of course there could be difficult site issues that could impact the costs.

elbow | 12 years and 6 months ago

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Where is the site? In Brooklyn? For NYC We use $150 per sf for bare bones construction – really bare bones. $200/sf is a safer number, just don’t over specify the hvac.