Pharr, Texas, is an attractive location for businesses seeking to establish a strong presence in the region, with its unique blend of cultural and economic opportunities. With a Commercial Real Estate Property For Lease, entrepreneurs can tap into the city's growing economy, which is supported by various industries, including trade, agriculture, and healthcare. The city's strategic location, bordered by McAllen to the west, Edinburg to the north, San Juan to the east, and Hidalgo to the southwest, provides easy access to major transportation facilities, including Interstate 2 (US Route 83) and the Pharr-Reynosa International Bridge. This connectivity enables businesses to reach a wider audience and facilitates the exchange of goods and services. Additionally, Pharr is home to prominent institutions, such as the University of Texas Rio Grande Valley and South Texas College, which provide a skilled workforce and opportunities for collaboration. The city's vibrant arts scene, with annual events like the Tejano Music Festival and the Pharr Cultural Arts Festival, adds to its appeal as a great place for business and travel.
Pharr's Commercial Real Estate market offers a range of opportunities, with 97 listings available For Lease. The average annual rent per square foot is $20 USD, with options ranging from $5 USD to $57 USD per square foot. The average size of these properties is 41,321 square feet, with spaces available from 121 to 5,835,298 square feet. In addition to Commercial Real Estate, Pharr also offers Office Space, Coworking Space, Retail Space, and Industrial properties, each with its unique characteristics and benefits. Office Space in Pharr is ideal for businesses seeking a professional environment, while Coworking Space provides a collaborative atmosphere. Retail Space is perfect for entrepreneurs looking to establish a storefront, and Industrial properties cater to businesses requiring specialized facilities. Overall, Pharr's diverse range of properties and amenities make it an attractive location for businesses of all types.
What factors should I consider when leasing commercial real estate?
When leasing commercial real estate in Pharr, Texas, there are several key factors to consider, including:
- Average annual rent per square foot, which is currently $20 USD, to ensure you're getting a fair deal;
- The size of the space, with average sizes ranging from 41,321 square feet to a maximum of 5,835,298 square feet, to accommodate your business needs;
- The location and accessibility of the property, with proximity to major transportation facilities like Interstate 2 and the Pharr-Reynosa International Bridge, as well as local amenities such as the Pharr Memorial Library and University of Texas Rio Grande Valley, to support your business operations.
With 97 available listings of commercial real estate for lease in Pharr, it's essential to carefully evaluate these factors to find the ideal space for your business.
How do I determine the right size and type of commercial property to rent for my business needs?
When determining the right size and type of commercial property to rent for your business needs in Pharr, Texas, it's essential to consider factors such as the nature of your business, the number of employees, and the amount of inventory or equipment you need to store. With 97 available listings of commercial real estate for lease in Pharr, you'll want to narrow down your options by identifying your specific requirements.
- Assess your business needs: Consider the type of business you operate, the number of employees, and the amount of inventory or equipment you need to store. This will help you determine the ideal square footage, which can range from 41,321 square feet to 5,835,298 square feet in Pharr.
- Evaluate the location: Pharr's proximity to the Pharr-Reynosa International Bridge and its connection to the McAllen-Edinburg-Mission and Reynosa-McAllen metropolitan areas make it an attractive location for businesses involved in trade and logistics. Consider the accessibility and visibility of the property, as well as its proximity to your target market and suppliers.
- Calculate your budget: Determine how much you can afford to pay per square foot, considering the average annual rent of $20 USD per square foot in Pharr. This will help you narrow down your options and find a property that fits your budget.
