Office Properties in McKinney, Texas, offer a unique investment opportunity for those looking to capitalize on the city's growing economy. With a population of approximately 207,000, McKinney has experienced significant growth, making it an attractive location for businesses and investors alike. Office Properties in McKinney can represent a range of investments, from single-story buildings to multi-story complexes, and can cater to various industries, including healthcare, technology, and finance. The city's infrastructure, including major highways, airports, and public transportation, makes it an ideal location for businesses that require easy access to Dallas and other surrounding areas. Additionally, McKinney's highly rated education system, including Collin College and McKinney Independent School District, provides a skilled workforce, making it an attractive location for businesses. The city's amenities, such as the McKinney National Airport, Erwin Park, and the McKinney Performing Arts Center, also contribute to its appeal. With 29 Office Properties for sale in McKinney, there are plenty of opportunities to find the perfect investment property.
McKinney's Office Properties are just one aspect of the city's diverse commercial real estate market. In addition to Office Properties, investors can also explore Commercial Real Estate opportunities, such as retail and industrial spaces, which can provide a steady income stream. Apartment Buildings are another option, offering a chance to capitalize on the city's growing population and rental market. Shopping Centers, including strip malls and shopping plazas, can provide a diverse range of retail and dining options, while Hotels offer a unique opportunity to cater to the city's growing tourism industry. With its strong economy, excellent infrastructure, and highly rated education system, McKinney is an attractive location for businesses and investors alike. Whether you're looking to invest in Office Properties or explore other commercial real estate opportunities, McKinney has something to offer.
What is the average price per square foot for office properties in McKinney?
The average price per square foot for office properties in McKinney is $393 USD per square foot, with an average size of 4,473 square feet and a largest size of 43,830 square feet, among the 29 available listings.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in McKinney, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed decision.
- Class A office properties are typically high-rise buildings with premium finishes, advanced technology, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer a balance between quality and affordability, featuring standard finishes, adequate amenities, and convenient locations, appealing to a broader range of tenants.
- Class C office properties are often older, less renovated buildings with basic amenities, located in less desirable areas, and typically rented at lower rates, making them a more affordable option for startups or small businesses.
