On average, listings lease in the $10's per square foot per year. The McAllen region is experiencing a decrease in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 48% decline in rent.
In the last 90 days, 159 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the McAllen are subleases, so you will probably have to consider a longer term lease. 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 10,350 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 2002 and are Class B.
Real time and historical data on commercial real estate listings in McAllen.
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