On average, listings lease in the $10's per square foot per year. The McKinney submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Greater Austin market, the McKinney region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,910 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1984 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst McKinney folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.