The typical asking rate per listing is in the $10's per square foot per year. The McKinney submarket is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
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 undervalued region.
In the last 90 days, 6 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 properties in this market are approximately 1 stories. Most buildings in this market 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 residents. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.