Construction Cost Estimates for Retail Store in Spencer, Iowa
The following analysis estimates the cost to build a retail store for Spencer, Iowa. 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 different 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 RSMeans Online - our online cost estimating tool.
Retail Store Construction Cost Assumptions
Location:
Spencer, Iowa
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
$73.00
$584,000
Contractor Fees (GC,Overhead,Profit)
25%
$18.25
$146,000
Architectural Fees
8%
$7.30
$58,400
Total Building Cost
$98.55
$788,400
Cost Estimate (Open Shop)
% of Total
Cost Per SF
Cost
Total
$67.17
$537,300
Contractor Fees (GC,Overhead,Profit)
25%
$16.79
$134,300
Architectural Fees
8%
$6.72
$53,700
Total Building Cost
$90.68
$725,400
Retail Store Square Foot Cost Assuming Face Brick on Concrete Block / Steel Joists