On average, listings lease in the $10's per square foot per year. The McKinney submarket is going through a a rise in rates. In the last 3 months, the median rate increased $19 per sqft per year.
Compared to the rest of the Greater Austin market, the McKinney submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 23 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the office spaces in the McKinney are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this area were built in 1984 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst McKinney folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in McKinney.
Get email notifications when new listings are posted that match your requirements.