On average, listings lease in the $10's per square foot per year. The McKinney submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $19 per sqft per year.
Compared to the rest of the Greater Austin market, the McKinney region 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 been posted online, which means listings most likley are going fast. 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 snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,910 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 1 floors. Most buildings in this area were built in 1984 and are Class B.
A large portion of this region 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 occupants. 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.
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