Parking Income

In real estate underwriting, Parking Income refers to revenue derived from renting parking spaces at the property. In standard apartment retail, office, and industrial underwriting, Parking Income is generally an Other Income item given that the income is secondary to the core rental revenue, although in urban locations where parking is scarce, the Parking Income earned may be substantial.


Click here to get this CRE Glossary in an eBook (PDF) format.