The typical asking rate per listing is in the $20's per square foot per year. The McKinney region is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the DFW Metroplex market, the McKinney submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 225 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the available leases in the McKinney are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,650 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 2004 and are Class A.
Real time and historical data on commercial real estate listings in McKinney.
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