The typical asking rate per listing is in the $20's per square foot per year. The McKinney submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 22% decrease in rent.
Compared to the rest of the DFW Metroplex market, the McKinney region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 39 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,800 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 2005 and are Class A.