Commercial Property Management

Commercial property managers charge 3-8% of gross rental income or $2,000-$15,000 monthly per property.

Managing 8-25 commercial properties generates $200,000-$900,000 annually with 60-75% margins after staff and operational costs.

In 2025, commercial property owners need professional management handling tenant relations, maintenance, financial management, and property operations.

Services include tenant relations and lease administration, rent collection and financial reporting, building maintenance and repairs, vendor and contractor management, property inspections and compliance, CAM (common area maintenance) reconciliation, lease renewals and negotiations, and capital improvement planning.

Successful commercial property managers understand commercial leases (NNN, gross, modified), maintain professional building operations, build strong tenant relationships, coordinate complex maintenance and renovations, and provide detailed financial reporting to owners.

Specialize by property type: office, retail, industrial, medical, or mixed-use.

Higher revenue per property than residential.

Longer-term tenant relationships.

Can manage multiple buildings simultaneously.

Marketing through commercial real estate brokers, property owners, and BOMA/IREM associations.