On average, listings lease in the $10's per square foot per year. The McKinney region is seeing a a boost 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 submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 23 listings have been listed, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the listings in the McKinney are subleases, so you might be able to sign a shorter term by taking over a previous 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 2,910 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 1 stories. 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 occupants. Commuting around 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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