How much to charge for commercial property management?

[Lex Shan]

I have been a residential property manager for 9 years and not until recently do I have an opportunity to write a proposal for a commercial management in San Francisco Bay area.

It's a office+flex mixed use building with a total of 6 tenants and 40k sqft. One NNN lease and 5 leases are full service. I estimate the gross rent should be between $50k to $80k.

There is some common area janitorial, landscaping, signage i need to manage. Responsibilities include collecting rent, paying operating expenses, be the first point of contact of any issue.

What do you think other commercial management companies will charge for some thing like this? 

[Peter Tverdov]

Ironically I am advertising for commercial property management in Central NJ as my company is looking to grow from the residential we have been doing the past 5 years. We have been advertising 3-4% to small commercial properties. NNN Leases probably closer to 3%. If you're going to GC tenant improvements I would charge a separate fee for that, we do. Managing the residential part of a MXU building should be a separate percentage.