If you're paying interest on a loan while waiting to get through planning, etc. it can make the difference on a projects profitability.Then there's the design.

Paula Pant & Aaron Mazzrillo's podcasts have been particularly inspiring with talk of lifestyle design.

Two weeks later and I there was little communication other than a couple of screenshots of the ongoing design and excuses as to why it was not progressing.

vinyl plank flooring in a wood design (whichever color you like)

I designed pipelines and pump stations for smaller municipal water and sewer systems.

The good news is that I have a great deal of experience designing and building condominiums and that gives me a lot of reassurance that the project that I have designed is feasible and marketable. 

There are many different things like investing, construction, architecture, design, broker, management, appraiser, etc? 

I would rather design for the worst case scenario even if the return is little less, as far as return is in the area I expect (or more :)).  

A lot of it would depend on exiting, isle placement, types of refrigeration, full or limited meat department, bakery, etc.Even the large grocers like Albertsons can't estimate a cost per square for a store buildout unless they've designed and constructed the buildings to their specs.Unless you're dealing with an experienced contractor who has built out multiple grocers, I doubt you'll be able to estimate a buildout cost.This type of capital improvement is just to large a component of leading costs so my advise would be to spend the money and have an architect layout the store, they don't need to draw up plans just yet, and then find a qualified contractor, or two, or three, to bid out the job.

I currently work for an architecture firm in Kirkland,WA where I’m involved in the design and construction of Starbucks across the Midwestern States, while also managing tenant improvements.