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Commercial Property Manager Average Salary

Change Country United Kingdom » Job » Commercial Property Manager Overview » Commercial Property Manager Salary
Updated: 19 Apr 2014
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Job Description for Commercial Property Manager

Commercial property managers provide support services for the commercial property or properties that they oversee. They usually have a management agreement with the property tenants that list what they are able to assist with and what are the tenants' responsibility. Commercial property managers typically maintain the interior and exterior of the buildings (such as the mowing the yard and painting) , collect rent from the tenants, create and keep documents up to date, and make sure tenants follow building regulations.

Travel is a large part of this job, and commercial property managers should expect to make regular trips to their building(s) to conduct inspections and meet with tenants. Since these professionals most often oversee more than one single building, these managers must be excellent at multitasking and time management. They also need to have excellent communication skills, be detail orientated, be able to work under pressure, and provide excellent customer service to tenants.

The educational requirements to becoming commercial property managers generally include a high school diploma (or equivalent). Having a bachelor's degree in business or a related field may be preferred; alternatively, some postsecondary institutions offer a certificate for property management for residential or commercial properties. In addition, people with experience in business, finance, accounting, and/or real estate may be preferred.
Commercial Property Manager Tasks
  • Collect rent and track financial data.
  • Act as primary contact with all tenants, respond to inquiries, provide estimates, and coordinate moves.
  • Track all property information, including tenants, vacancies, rent statements, disbursements, and facility management.
  • Market properties, find tenants to fill vacancies, showproperties, and update the exteriors.
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key statistics
Key Statistics for Commercial Property Manager Salaries and Jobs

Female
67%
female alumni
 
Male
33%
male alumni
Years of Experience
1-4 years
17%
5-9 years
17%
10-19 years
33%
20 years or more
33%
Most Common Health Benefits
medical benefits Medical: 50% dental benefits Dental: n/a
vision benefits Vision: n/a employee benefits None: 50%

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