Skip to content
OpenCapital
Get started

Innovative Industrial Properties, Inc. IIPR Payments For Tenant Improvements

Payments For Tenant Improvements at other companies

COPT Defense Properties logo
COPT Defense PropertiesCDP
$12.69M-12.4%
Innovative Industrial Properties, Inc. logo
Innovative Industrial Properties, Inc.IIPR
$2.95M-67.4%
Healthpeak Properties logo
Healthpeak PropertiesDOC
$23.96M+3.5%
APA
Artisan Partners Asset Management Inc.APAM
$25K+92.3%
Highwoods Properties logo
Highwoods PropertiesHIW
$36.36M+43.7%
Prologis logo
PrologisPLD
$138.21M+4.9%

Other financials

Income statement

See full
Revenue$69.0M-3.8%
Operating income$32.9M-3.1%
Net income$32.8M+5.6%
EPS (diluted)$1.02-1.0%

Balance sheet

See full
Cash & equivalents$89.1M-30.4%
Total debt$570.0K-99.8%
Total equity$1.9B-1.4%
Total assets$2.4B+1.8%

Cash flow

See full
Operating cash flow$56.0M+3.3%

Valuation

See full
Market cap$1.76B-7.9%
P/E14.7×+2.2×
P/S6.7×+0.4×

Profitability

See full
Operating margin46.8%-5.8pp
Net margin45.6%-4.7pp

Returns & leverage

See full
Return on equity6.3%-1.6pp
Debt / equity0×-0.1×

Where this comes from

Reported directly by Innovative Industrial Properties, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForTenantImprovements.

The official record: Innovative Industrial Properties, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about Innovative Industrial Properties, Inc.'s payments for tenant improvements.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Innovative Industrial Properties, Inc.'s payments for tenant improvements?
Innovative Industrial Properties, Inc. (IIPR) reported payments for tenant improvements of $2.95M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s payments for tenant improvements changed year-over-year?
Innovative Industrial Properties, Inc.'s payments for tenant improvements decreased by 67.4% year-over-year, from $9.04M to $2.95M.
What is the long-term trend for Innovative Industrial Properties, Inc.'s payments for tenant improvements?
Over 4 years (2021 to 2025), Innovative Industrial Properties, Inc.'s payments for tenant improvements has grown at a -50.0% compound annual growth rate (CAGR), from $374.54M to $23.43M.
What does payments for tenant improvements mean?
This captures the capital expenditures incurred to customize or upgrade leased properties to meet specific tenant requirements. It is a critical metric for evaluating the cost of maintaining occupancy and the competitiveness of the property portfolio.