Garage unit

A garage unit is a separate, lockable parking space sold, leased, or allocated as a standalone asset. It is a fully enclosed area—usually underground or within a parking structure—reserved exclusively for storage of a single vehicle.

In commercial real estate, garage units are common features beneath or adjoining office buildings, retail parks, and residential complexes. They are frequently traded independently of the main lease or purchase agreement and carry distinct ownership or usage rights. A standard unit includes an access door and may offer connections for charging infrastructure or climate control.