Parking Garage Revenue-per-Space

Garage Configuration

Total spaces are split into two revenue streams: monthly (monthly-permit) spaces and transient (hour-by-hour) spaces. The share slider determines the mix.

Operating days are the number of days per month the transient lot actually serves customers (typically ~30). Monthly rentals are billed per month regardless of operating days.

Monthly Rentals

Monthly permit holders rent a dedicated spot at a fixed rate per month. This is the predictable, recurring base revenue.

• Monthly rate — dollars per space per month.
• Revenue is stable month over month and insensitive to driving patterns.
• Annual = monthly × 12.

Transient Revenue

Transient spaces charge by the hour. Each transient space can host multiple customers in a day through turnover.

• Hourly rate — dollars per hour parked.
• Avg stay — typical hours per single transient visit.
• Daily turns — how many separate transients use one space per day.
• Transient revenue scales with both rate and turnover intensity.

Utilization Rate

Not every listed space yields revenue every day. Utilization is the share of each space type that is actually occupied and producing income. It is the key lever on yield.

• Monthly utilization — share of monthly spaces filled (vacancies lower rent revenue).
• Transient utilization — share of transient capacity actually rented (weak demand lowers yield).

Lower utilization shrinks revenue per available space — even though you own the same number of spaces.

Revenue & Yield

Totals roll up into revenue per available space and annual yield.

• Revenue/available space — normalized across the whole garage, comparable across facilities.
• Utilization yield — % of full-capacity revenue captured; 100% means all spaces fully used.
• Full-potential revenue assumes 100% utilization on both streams.