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Question:

How much would it cost to build out 1200 sq ft. of retail space if they give me an empty building?

Hello guys all resources you can give me on this one would be so helpful as I dont know where to start. I am considering taking what they call a vanilla shell that is inside an already established strip mall and make it work for our small company. The realtor said The available has a ceiling grid, sheetrock walls, lighting, restrooms, concrete floor, mop sink, and air conditioning. You will need to add wall and floor covering, hotwater heater, and any rooms, cabinetry, etc. if required. It is basically like a long empty rectangle. Does anyone have an idea of how much I could expect to pay for this if I just want to set the place up for basic retail spot? Thank you

Answer:

relies upon on the place this is. San Francisco, San Mateo, L.A.. Orange, and San Diego counties are between the main costly of the places. Ballpark $35 in keeping with squarefeet for the development. 2.5 to 3 Million for an Acre.
It is all according to how fancy you want it to be. For an average interior finish you should allow $30 to $35 per square foot. This does not include Store Fixtures for a Retail Sales Store or Office Equipment if it is to be an office.
You should be able to negotiate with them and have them handle up to $3000 of build out costs depending on the length of your lease...most malls/retail outlets will negotiate a few thousand of build out costs or no percentage rent...

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