$61,696
Avg. Salary
$21.33
Avg. Hourly Rate

Average additional compensation:

$4,898

Bonus

$1,800

Profit Sharing

$7,235

Commission

What am I worth?
How should I pay?

The average pay for a Commercial Property Manager is $21.33 per hour.

The average pay for a Commercial Property Manager is $61,696 per year.

10%
$13.79
10%
$21.33
50%
$34.76
90%
90%
MEDIAN $21.33
10%
$41k
10%
$62k
50%
$89k
90%
90%
MEDIAN $61,696
$40,769 - $88,810
$41K
$62K
$89K
MEDIAN: $61,696
10%
50%
90%

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$13.79 - $34.76
$14
$21
$35
MEDIAN: $21.33
10%
50%
90%

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$0$94K
Salary $40,769 - $88,810
Bonus $786 - $11,809
Profit Sharing $0.00 - $9,906
Commission $1,184 - $20,608
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).
)
$39,497 - $94,309
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 1,147
Hourly Data $0$44
Hourly Rate $13.79 - $34.76
Overtime $21.70 - $44.75
Annual Data $0$94K
Bonus $786 - $11,809
Commission $1,184 - $20,608
Profit Sharing $0.00 - $9,906
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).
)
$39,497 - $94,309
  • Country: United States
  • Currency: USD
  • Updated: 16 Apr 2019
  • Individuals Reporting: 140

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.

Read More...
Commercial Property Manager Tasks
  • Track all property information, including tenants, vacancies, rent statements, disbursements, and facility management.
  • Market properties, find tenants to fill vacancies, show properties, and update the exteriors.
  • Collect rent and track financial data.
  • Act as primary contact with all tenants, respond to inquiries, provide estimates, and coordinate moves.

Common Career Paths for Commercial Property Manager


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There are some Commercial Property Managers — though it's uncommon — that transition into Regional Directors of Property Management, where earnings are an average $76K annually. It is quite typical for Commercial Property Managers to transition into roles as Senior Property Managers or Real Estate Asset Managers, where reported median earnings are $15K and $15K higher per year.

Commercial Property Manager Job Listings

Popular Skills for Commercial Property Manager


Survey respondents exploit a significant toolbox of skills in their work. Most notably, skills in Financial Reporting, Contract Negotiation, Budgeting, and Operations Management are correlated to pay that is above average, with boosts between 5 percent and 10 percent. At the other end of the pay range are skills like Quickbooks, Customer Service, and Customer Relations. Most people skilled in Budget Management are similarly competent in Contract Negotiation and Customer Relations.

Pay by Experience Level for Commercial Property Manager

Pay by Experience for a Commercial Property Manager has a positive trend. An entry-level Commercial Property Manager with less than 5 years of experience can expect to earn an average total compensation of $49,000 based on 268 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Commercial Property Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $62,000 based on 249 salaries. An experienced Commercial Property Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $68,000 based on 271 salaries. A Commercial Property Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 102 salaries.

Pay Difference by Location

National Average: $62,075

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

San Francisco offers some of the highest pay in the country for Commercial Property Managers, 30 percent above the national average. Commercial Property Managers can also look forward to large paychecks in cities like Los Angeles (+27 percent), Irvine (+15 percent), Dallas (+9 percent), and Seattle (+8 percent). Houston is the lowest-paying area, 7 percent south of the national average. Not at the bottom but still paying below the median are employers in Portland and San Diego (6 percent lower and 5 percent lower, respectively).

Related Job Salaries

Key Stats for Commercial Property Manager

Gender

Female
71 %
Male
29 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 241 votes.
Less than 1 year
2%
1-4 years
27%
5-9 years
23%
10-19 years
32%
20 years or more
15%

Experience Affects Commercial Property Manager Salaries

▲12%

▲10%

▼0%

National Average
$62,000

▼21%

Skills That Affect Commercial Property Manager Salaries

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 241 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
2%
1-4 years
27%
5-9 years
23%
10-19 years
32%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 62%
vision benefits
Vision: 49%
no benefits
None: 22%