513 Regional Discount Shopping Center

A regional discount or off-price shopping center contains a large number of satellite stores in strips. There may or may not be one or more major anchor department store buildings. These centers generally have a greater mix of large or big-box retail outlets, with minimum finishes compared to the standard regional center. Shopping center costs are for the strip buildings only and include all necessary plumbing and electrical connections to provide for the operation of the satellites, including service areas. The costs represent group average of a typical mix of tenants (excluding major anchor occupancies). The following are normally commensurate with the quality and type of anchors they support: the mix of general occupancies found within a center and their display or decorative storefronts.

The following are not included in the costs: Trade fixtures and equipment pertinent to individual tenants.

For the regional discount shopping center anchors, use the following occupancies:

318 Department Store

319 Discount Store

353 Retail Store

458 Warehouse Discount Store

534 Warehouse Showroom Store

700 Mall Anchor Department Store

For the mall concourse area, use the following mall components:

757 Enclosed Mall

755 Open Mall

756 Covered Mall

Availability of Elevators by Area for this occupancy: No

Marshall Valuation Service sections: 13 and 43.

Typical Lives:

 

 

 

 

 

Class

 

 

 

 

Quality

A

B

C

D

H

M

P

S

W

Low

45

45

40

35

--

--

--

35

--

Average

45

45

45

40

--

--

--

40

--

Good

50

50

50

45

--

--

--

45

--

Excellent

55

55

50

45

--

--

--

45

--

Quality Selection Guide:

Class A (Fireproof Structural Steel Frame): and Class B (Reinforced Concrete Frame):

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Average

Steel studs, stucco, EIFS, some exposed roof deck, adequate fronts

Painted walls, some ceiling ornament, some carpet, VCT, stained concrete

Adequate lighting & plumbing, restrooms and service facilities

Package A.C.

Good

Brick veneer, EIFS, light open frame, staggered setbacks, some ornament.

Drywall, some acoustic, ornamental ceilings, VCT, carpet, decorative conc.

Good lighting and fixtures, adequate service facilities

Warm and cool air (zoned)

Class C (Masonry Bearing Walls):

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Average

Tilt-up, block, web or bar joists, exposed deck, adequate fronts

Painted interior, some ceiling and finished floors, stained concrete

Adequate lighting, minimum service facilities and plumbing

Package A.C.

Good

Steel frame, best tilt-up block, EIFS, stucco, some exposed deck

Drywall, some acoustic, standard carpet, VCT, concrete

Adequate lighting & plumbing, restrooms and service facilities

Package A.C.

Excellent

Face block, brick, staggered setbacks, some ornamentation

Drywall, some acoustic, ornamental ceilings, VCT, carpet, decorative conc.

Good lighting and fixtures, adequate service facilities

Warm and cool air (zoned)

Class D (Wood or Steel Framed Exterior Walls):

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Average

Stucco or siding, open frame, exposed deck, adequate fronts

Painted interior, some ceiling and finished floors, stained concrete

Adequate lighting, minimum service facilities, plumbing

Package A.C.

Good

Steel or glulam frame, stucco or brick veneer, some exp. roof deck

Drywall, some acoustic, standard carpet, VCT, concrete

Adequate lighting & plumbing, restrooms and service facilities

Package A.C.

Class S (Metal Frame and Walls):

Quality

Exterior Walls

Interior Finish

Mechanicals

HVAC

Average

Steel panels, exposed frame, adequate fronts

Painted interior, some finished ceiling and floors, stained concrete

Adequate lighting, minimum service facilities, plumbing

Package A.C.