Lessors of Nonresidential Buildings (except Miniwarehouses)

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This industry comprises establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in this industry are: (1) owner-lessors of nonresidential buildings; (2) establishments renting real estate and then acting as lessors in subleasing it to others; and (3) establishments providing full service office space, whether on a lease or service contract basis. The establishments in this industry may manage the property themselves or have another establishment manage it for them.

NAICS code 531120 — Lessors of Nonresidential Buildings (except Miniwarehouses) — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Lessors of Real Estate space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $34M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 531120.

What is NAICS code 531120?

NAICS code 531120 is 'Lessors of Nonresidential Buildings (except Miniwarehouses)', classified under the Real Estate and Rental and Leasing sector (NAICS 53). This industry comprises establishments primarily engaged in acting as lessors of buildings (except miniwarehouses and self-storage units) that are not used as residences or dwellings. Included in thi

What is the SBA small business size standard for NAICS code 531120?

The SBA defines a small business under NAICS code 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)) as one with $34M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 531120 in SAM.gov?

To register NAICS code 531120 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 531120 (Lessors of Nonresidential Buildings (except Miniwarehouses)) to your NAICS code list. You may designate one code as your Primary NAICS code.