McAllen, a city located in the southern tip of Texas, near the Mexico-United States border, is an ideal location for Retail Space For Lease. With a population of over 140,000 residents, McAllen has evolved from a primarily rural and agricultural economy to a diverse economy focused on international trade, health care, retail, and tourism. The city's infrastructure, including the McAllen Miller International Airport, the McAllen Foreign-Trade Zone (FTZ), and the Metro McAllen public transportation system, makes it an attractive location for businesses. Additionally, McAllen offers recreational opportunities such as birdwatching, golfing, and biking, making it a great place for business and travel. The presence of institutions like South Texas College and the International Museum of Art & Science further enhances the city's appeal.
With 56 Retail Space For Lease available, McAllen offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot for Retail Space in McAllen is $21 USD, with sizes ranging from 450 square feet to 85,377 square feet. In addition to Retail Space, McAllen also offers Restaurants, Medical Offices, and Office Space For Lease, providing a diverse range of options for businesses. The city's location, infrastructure, and amenities make it an attractive location for businesses looking to establish a presence in South Texas. With its rich history, diverse economy, and recreational opportunities, McAllen is a great place for business and travel.
What is the average cost per square foot for retail space in McAllen?
The average cost per square foot for retail space in McAllen is $21 USD per square foot, with an average size of 7,187 square feet and a maximum space size of 85,377 square feet available among the 56 listings currently on the market.
How do anchor tenants affect surrounding retail space leases?
Anchor tenants, such as department stores or supermarkets, have a significant impact on surrounding retail space leases in McAllen, as they attract a high volume of foot traffic and create a draw for other businesses, ultimately driving up demand and rental rates for nearby retail spaces, with currently 56 available listings, averaging $21 USD per square foot, and ranging in size from 7,187 square feet to 85,377 square feet.
