An average Commercial Property Manager in the United States can expect to take home roughly $61K annually. Including potential for bonuses and profit sharing — peaking near $10K and $10K, respectively — total cash payment to Commercial Property Managers can bottom out near $39K or peak near $93K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by career duration. Female Commercial Property Managers are more common than men among those who completed the survey; more than half (68 percent) are women. Most Commercial Property Managers report high levels of job satisfaction. While one in five report receiving no health benefits, a strong majority do receive medical coverage, and more than half have dental, as well. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$40,064 - $88,434
(Median)
$40K
$61K
$88K
MEDIAN: $60,532
10%
50%
90%

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$13.16 - $32.32
(Median)
$13
$21
$32
MEDIAN: $21.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Salary
$40,064 - $88,434  
   
Bonus
$416.23 - $10,386  
Profit Sharing
$0.00 - $9,863  
Commission
$1,742 - $19,866  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,310 - $93,062  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 673
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$16$32$48
Hourly Rate
$13.16 - $32.32  
   
Overtime
$20.70 - $43.78  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$32K$64K$96K
Bonus
$416.23 - $10,386  
   
Commission
$1,742 - $19,866  
Profit Sharing
$0.00 - $9,863  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$39,310 - $93,062  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 78
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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.

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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.

Common Career Paths for Commercial Property Manager


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Commercial Property Managers do not often transition into Regional Director of Property Management roles. The role averages $76K per year. When Commercial Property Managers are ready for the next step in their careers, they often become Senior Property Managers or Real Estate Asset Managers. Those roles pay an additional $14K and $14K, respectively.

Commercial Property Manager Job Listings

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Popular Skills for Commercial Property Manager


Commercial Property Managers seem to wield many skills on the job. Most notably, skills in Financial Reporting, Operations Management, Contract Negotiation, and Budgeting are correlated to pay that is above average, with boosts between 5 percent and 8 percent. Skills that seem to negatively impact pay include Quickbooks, Real Estate, and Customer Relations. Those familiar with Budget Management also tend to know Contract Negotiation and Customer Relations.

Pay by Experience Level for Commercial Property Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Commercial Property Managers, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $49K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $63K. Commercial Property Managers bring in $68K after working for 10 to 20 years. Commercial Property Managers who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $69K on average.

Pay Difference by Location

National Average: $60,988

Larger city markers indicate a job is popular in that location.

For Commercial Property Managers, busy San Francisco offers a higher-than-average pay rate, 34 percent above the national average. Commercial Property Managers can also look forward to large paychecks in cities like Los Angeles (+26 percent), Boston (+19 percent), Irvine (+16 percent), and Seattle (+7 percent). In Orlando, salaries are 16 percent below the national average and represent the lowest-paying market. Employers in Austin and Houston also lean toward paying below-median salaries (13 percent lower and 11 percent lower, respectively).

Commercial Property Manager Reviews

What is it like working as a Commercial Property Manager?

Commercial Property Manager in El Segundo:
"Property Management."
Pros: What I love most about my job is the creative freedom that I have to try out new ideas and share my thoughts with upper management.
Cons: One bad thing I would say about doing my job is I am stuck behind a desk all day in an office.

Commercial Property Manager in Atlanta:
"Building Relationships."
Pros: I run the show completely. From planning, maintenance supervision, repairs to rent collections and court procedures. At the same time I have established wonderful relationships with all the tenants (referrals available). My expertise is highly respected by the owners.
Cons: This company has no benefit plans nor does it offer incentives that rewards my work. I am a budget hawk which they always thank me for but never anything more.

Related Job Salaries

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Experience Affects Commercial Property Manager Salaries




National Average
$61,000


Skills That Affect Commercial Property Manager Salaries




Budgeting
up arrow 4%

Budget Management
up arrow 3%

Project Management
up arrow 3%

Accounting
up arrow 2%

Property Management
up arrow 1%

Customer Relationship Management (CRM)
up arrow 1%

National Average
$61,000

Microsoft Office
up arrow 1%

Microsoft Excel
up arrow 1%

Customer Service
up arrow 3%

Customer Relations
up arrow 4%

Real Estate
up arrow 4%

Quickbooks
up arrow 20%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 113 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
2%
1-4 years
25%
5-9 years
25%
10-19 years
33%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 59%
medical benefits
Vision: 42%
dental benefits
None: 20%
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