parking ratio Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: parking ratio
parking ratio

number of parking spaces per 1,000 square feet of gross leasable area .

Example: A 1-million-square-foot mall had a parking ratio of 5, meaning that for every 1,000 square feet of building, there were 5 parking spaces. This meant there were 5,000 parking spaces for the property.

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