On average, listings lease in the $10's per square foot per year. The Pharr region is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
In the last 90 days, 16 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 6% of the available leases in the Pharr are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 2012 and are Class B.
Real time and historical data on commercial real estate listings in Pharr.
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