McAllen Office Space

McAllen

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,900
As of: July 28, 2017

McAllen Rates

On average, listings lease in the $30's per square foot per year. The McAllen submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 18% rise in rent.

McAllen Listing Supply

In the last 90 days, 33 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 39% of the office spaces in the McAllen are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 2002 and are Class B.

McAllen Community

Market Report

Trends and status of the commercial real estate market in McAllen.
Market Report

Market Data

Real time and historical data on commercial real estate listings in McAllen.
Research