2024 Office Space Rent & Sales
- $25.62 2024 Avg. Asking Rent
- 13.51% 2024 Office Vacancy Rate
McAllen office price per square foot in 2024 was $25.62 on average. The local office market recorded an average vacancy rate of 13.51% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Texas Class A & A+ Office Space$38.26
- Texas Class B Office Space$24.71
- Texas Class C Office Space$19.84
McAllen, TX Office Asking Rents by Class
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2024 Office Construction in McAllen, TX
| Office building | Address | SF | Completed |
|---|---|---|---|
| 503 S 11th Street | 503 S 11th St, 78501 | 4,000 | 2014 |
| 824 E Hackberry Ave | 824 E Hackberry Ave , 78501 | 11,040 | 2010 |
| 2433 N Mccoll Rd | 2433 N Mccoll Rd, 78501 | 3,998 | 2010 |
| 2433 N Mccoll Rd | 2433 N Mccoll Rd, 78501 | 3,998 | 2010 |
| 2433 N Mccoll Rd | 2433 N Mccoll Rd, 78501 | 3,998 | 2010 |
| 201 N Mccoll Rd | 201 N Mccoll Rd, 78501 | 7,125 | 2007 |
| 3400 N McColl Rd | 3400 N McColl Rd, 78504 | 1,440 | 2007 |
| KBC Business Center | 2511 Buddy Owens Ave, 78504 | 4,560 | 2004 |
| 2001 S Cynthia St | 2001 S Cynthia St, 78503 | 18,244 | 2002 |
| 1401 E Ridge Rd | 1401 E Ridge Rd, 78503 | 2,400 | 2002 |
Worth noting among recent office completions on the McAllen market is 503 S 11th Street, which is currently the largest new office development in the city, at 4,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all McAllen commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.