Jul 1 • General Discussion
Parking Ratio - Seeking Input
I'm currently working through a feasibility study on approx 3.5 acres (narrow, rectangular lot). It seems like it could support 36-40 KSF in 3-4 10,000-12,000 SF buildings. I've been evaluating the market and tenant base which could span from contractor to "higher end tenants". I've talked SBF with other developers and parking ratio seems to be one of the priority variables to address in ground up....direct impact on potential tenants and lease rates. I'm looking for input on these ratios based on market tested experience. Currently, I'm underwriting 2.5-2.75 spaces per 1000 SF. Inviting input and challenges. Thanks in advance to everyone!!
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Parking Ratio - Seeking Input
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