Lessors of Nonresidential Buildings (except Miniwarehouses) Revenue Benchmarks

The average lessors of nonresidential buildings (except miniwarehouses) business in the United States generates $1.7M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 31,283 lessors of nonresidential buildings (except miniwarehouses) businesses in the U.S., employing 160,791 workers with an average profit margin of 20.0%. The average employee in this industry earns $102K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Lessors of Nonresidential Buildings Business Actually Do?

Commercial real estate owners renting office, retail, industrial, and other non-residential space. Include REITs (Simon Property, Prologis) and private owners.

Who buys: Businesses renting commercial space for their operations.

Average Revenue

$1.7M

per year

Profit Margin

20.0%

industry average

Revenue / Employee

$331K

per year

Total Businesses

31,283

in the US

Est. Owner Income

$341K

small business avg

Labor Cost

25.0%

of revenue

Avg Employee Wage

$102K

per year (BLS)

Market Saturation

9.4

firms per 100K people

How Much Do Lessors of Nonresidential Buildings (except Miniwarehouses) Charge?

Commercial landlords earn rent + expense reimbursements (NNN leases), with cap rates by property type.

ServiceTypical range
Class A office cap rate
5.5–7.5%
Retail (grocery-anchored)
6.0–7.5%
Industrial / warehouse
5.0–7.0%
Medical office
6.0–8.0%
NNN lease structure
tenant pays taxes, insurance, maintenance

Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.

Complete lessors of nonresidential buildings business plan

A 12-section data-backed business plan for a lessors of nonresidential buildings (except miniwarehouses) business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the lessors of nonresidential buildings (except miniwarehouses) industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

8%
25%
8%
36%
20%
CategoryPer $100 revenue
Property expenses
$8
Wages & benefits
$25
Rent & facilities
$3
Marketing & advertising
$8
Other operating costs
$36
Net profit
$20

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

Average Revenue by Business Size

1-4 employees
$334K
5-9 employees
$1.4M
10-19 employees
$3.2M
20-99 employees
$9.5M
100-499 employees
$38.5M
500+ employees
$58.9M

Industry Dynamics (Census BDS 2023)

New Business Rate

11.09%

openings/year

Closure Rate

9.5%

closings/year

Net Job Growth

+2.45%

annual

Businesses Closed

9,235

in 2023

Firm Count Trend

19
20
21
22
23
87,210 firms86,663 firms

Should You Start a Lessors of Nonresidential Buildings Business?

Startup Cost

$50K$250K

Break-Even

5 months

5-Year Survival Rate

50.0%

Frequently Asked Questions

What does a lessors of nonresidential buildings (except miniwarehouses) business do?
Commercial real estate owners renting office, retail, industrial, and other non-residential space. Include REITs (Simon Property, Prologis) and private owners. Businesses renting commercial space for their operations.
How much do lessors of nonresidential buildings (except miniwarehouses) charge?
Commercial landlords earn rent + expense reimbursements (NNN leases), with cap rates by property type. See the pricing table above for typical rates by service type.
How much does the average lessors of nonresidential buildings (except miniwarehouses) make per year?
The average lessors of nonresidential buildings (except miniwarehouses) business generates $1.7M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $341K per year at a 20.0% profit margin.
How many lessors of nonresidential buildings (except miniwarehouses) businesses are there in the US?
There are 31,283 lessors of nonresidential buildings (except miniwarehouses) businesses operating in the United States, employing a total of 160,791 workers.
How much does it cost to start a lessors of nonresidential buildings (except miniwarehouses) business?
Startup costs for a lessors of nonresidential buildings (except miniwarehouses) business typically range from $50K to $250K, with a 5-year survival rate of 50.0%.
What is the average salary in the lessors of nonresidential buildings (except miniwarehouses) industry?
The average employee in the lessors of nonresidential buildings (except miniwarehouses) industry earns $102K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

61%
Est. 5-year survival rate
+2.5%
Net job growth rate
86,663
Total firms (2023)

The lessors of nonresidential buildings (except miniwarehouses) industry is actively growing — adding jobs at a net rate of 2.5% per year. New establishments are opening faster than existing ones close (11.1% entry vs 9.5% exit), indicating healthy demand.

Approximately 61% of lessors of nonresidential buildings (except miniwarehouses) businesses survive their first 5 years. This is above the national average (~50%), making it a relatively safe industry to enter. In 2023, 9,235 firms in this industry closed permanently.

Employment & Wages

$101,863
Avg annual pay
27,064
Establishments
157,066
Total employees
6
Avg employees/business

The average employee in the lessors of nonresidential buildings (except miniwarehouses) industry earns $101,863/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 27,064 establishments employing 157,066 people, the typical business has about 6 employees.

Industry Trend (2000–2023)

74K80K85K91K96K20002005201020152020Number of Firms

The lessors of nonresidential buildings (except miniwarehouses) industry has declined 1% since 2000 (from 87,451 to 86,663 firms).

See full historical statistics →

Compare Lessors of Nonresidential Buildings (except Miniwarehouses) revenue with other industries: