Construction cost for commercial shell building

[Anna Shan]

How much is the reasonable price range to build a strip center in Indiana? Just a basic shell can be used for retails and restaurants. Does anyone know price range per square ft?

Besides, if hire a general contractor to do the shell, do I need to hire somebody else to do inspections after they finish? Or any long as they passed city department inspection I am ok?

Thank you for replies.

[Greg Dickerson]

Originally posted by @Anna Shan:

@Greg Dickerson

Hi, Greg

Thanks for your reply. It is about 0.7 acre, 3 unit 5200 square feet, restaurant ready, but shell only, with drive through around building and all site work done. Only front are bricks, and side are EFIS. How much do you think it will be a reasonable price range. I tried to do some research online it it said national average would be $115 and up.

And if there was a small old building on it, how much normally demolition job will cost?

Thanks

I would think $100-$125 a foot plus or minus for steel structure, brick, EIFS and storefront glass. This would be limited slab and stubout for the restaurant.

Demo will vary depending on the age of the building, permits and dump fees but most small buildings single story 2500 sqft would probably cost around $10k