Specialty Real Estate Analytics | 17 Property Types

Property Types

17 property types in SPECIALTY.

HealthcareOutpatient clinics, surgery centers. Reimbursement environment and tenant credit drive value.
Life ScienceLab + office for biotech tenants. High TI cost, specialized HVAC, premium rent psf.
MarinaWet-slip and dry-storage marina. Slip occupancy, fuel margin, and on-site F&B.
Golf CourseDaily-fee or private golf course. Rounds per year, member retention, and food-cart revenue.
CampusMulti-building corporate or institutional campus. Per-building plus campus-shared cost allocation.
Convention CenterLarge-format event venue. Booked dates, F&B catering, and exhibitor revenue.
StadiumSports or entertainment venue. Event nights, concessions per attendee, suite revenue.
Fitness CenterGym or boutique fitness. Member retention, dues per member, and ancillary class revenue.
Car WashTunnel or in-bay car wash. Cars per day, monthly-membership penetration, water reclamation cost.
Entertainment VenueConcert hall, theater, or music venue. Ticketed events plus F&B per attendee.
Cruise ShipVessel-based hospitality. Berth occupancy, on-board revenue per passenger.
Production StudioFilm / TV sound stages + backlots. Stage-day rate and utilization; long build-to-suit production leases.
CorrectionalPrison / detention / immigration facility on a government per-diem contract. Census, per-diem rate, and term drive cash flow.
Religious FacilityChurch, temple, mosque, or worship center. Congregation size, facility-rental revenue, and single-tenant net-lease structures.
Funeral HomeFuneral home / mortuary — a single-tenant net-lease staple. Tenant credit and lease term (WALT) drive value.
SchoolK-12 / private-school or education facility. Enrollment, utilization, and long-term facility leases drive the model.
Daycare CenterChildcare / daycare center — a common single-tenant net-lease use. Enrollment, tenant credit, and rent per SF.

Canonical KPIs

8 core KPIs anchor specialty analysis.

NOINet Operating Income: Total revenue minus operating expenses (excludes financing and capital costs). The primary measure of property-level profitability.NOI = Revenue − Operating Expenses
Cap RateCapitalization Rate: Net Operating Income divided by current property value. Expresses unleveraged annual yield as a percentage.Cap Rate = NOI ÷ Property Value
DSCRDebt Service Coverage Ratio: Net Operating Income divided by total annual debt service. Lender-required cushion measure; below 1.0 means NOI cannot cover debt.DSCR = NOI ÷ Annual Debt Service
Rev PSFRevenue Per Square Foot: Revenue per leasable square foot. Universal specialty-property comparable.

Common Questions

Frequently asked questions about specialty real estate.

What property types does specialty real estate include?

Healthcare (medical office, ASCs, specialty hospitals), life science (lab + office), parking (surface + structured), parking garages, campuses (corporate / university / hospital), convention centers, stadiums, theme parks, entertainment venues, fitness centers, and car washes — eleven property types covering unique-purpose specialty use.

What makes life science buildings different from office?

Life science buildings have 50-150% higher rent PSF than office due to specialized lab requirements: 6-12 air changes per hour HVAC, vibration-isolated floors, fume hoods + biosafety cabinets, backup generators, cold storage. TI costs run $300-600 PSF vs $50-150 PSF office.

Which REITs benchmark specialty real estate?

Healthcare: DOC, HR, VTR, WELL, GMRE, CHCT, MPW. Life science: ARE (Alexandria — pure-play). Venues: MSGE, MSG, LYV. Car wash: MCW (Mister Car Wash), DRVN (Driven Brands — owns Take 5). Fitness: PLNT (Planet Fitness), LTH (Life Time), XPO (Anytime Fitness).

How does Ilora.ai analyze specialty properties?

Specialty agents are property-type-specific. Healthcare agent reads CMS Conditions of Participation, Stark Law compliance docs, tenant credit. Life science agent reads BSL classifications + AAALAC accreditation. Parking agent reads turnover data + concession agreements. Each surfaces sector-specific risk + opportunity.

Topic Tags

Specialty Real Estate Analytics.