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McAllen Office Rent Price & Sales Report

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

Coworking Spaces in Texas

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2024 Office Construction in McAllen, TX

Largest Office Properties Recently Completed in McAllen
Office building Address SF Completed
1400 E. Jasmine Ave. 1400 E. Jasmine Ave., 78501 15,732 2023
503 S 11th Street 503 S 11th St, 78501 4,000 2014
824 E Hackberry Ave 824 E Hackberry Ave , 78501 11,040 2010
3601 Buddy Owens Blvd. 3601 Buddy Owens Blvd., 78504 12,765 2008
3400 N McColl Rd 3400 N McColl Rd, 78504 1,440 2007
3400 N McColl Rd 3400 N McColl Rd, 78504 800 2007
H Management Center 1100 E Jasmine Ave, 78504 33,538 2006
1401 E. Hackberry Ave. 1401 E Hackberry Ave, 78501 10,800 2006
1400 McColl-Commerce Center West 1400 N McColl Road, 78501 34,985 2004
1401 E Ridge Rd 1401 E Ridge Rd, 78503 2,400 2002

Worth noting among recent office completions on the McAllen market is 1400 E. Jasmine Ave., which is currently the largest new office development in the city, at 15,732 square feet.

Data provided by Yardi Research

See reports for other markets

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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 Yardi Research Data, 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 Yardi Research Data can guarantee that the information provided is complete.

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