They can be stand-alone buildings or made as a strip mall. Theme MallĪ theme mall is usually made of shops or services that all center on a single theme, such as an antique mall where all the shops sell vintage or antique goods. They cost $250 a square foot to build, with an average cost of $17,956,750. Each store is entered from the outside, like in a strip mall. It usually contains a supermarket or grocery store as an anchor, with several smaller stores, restaurants, or other mixed-use buildings. Neighborhood Shopping CenterĪ neighborhood center is designed to serve the needs of a specific area. They cost $250 a square foot to build, with an average cost of $3,304,500. They can be as small as 3 stores, or as large as 12 or more stores. They may or may not have an anchor or a large store designed to attract customers who will then move on to the other stores in the strip. Strip malls are simple, outdoor malls in either a straight line of stores or a U shape with an average size of 13,218 sq. Below are the average costs to build each type, based on the most common size for each type and the average cost to build: These variations account for differences in cost, either through size or the amount of construction and finishing necessary. They can be fully enclosed or open-air, have anchor stores or not, and have varying numbers of floors, anchors, and features. Shopping malls come in many shapes and sizes.
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