McKinney, Texas Industrial Listings
Est $346,919.76/mo
$0.66 SF/Mo
$7.92 SF/Yr
525636 SF
Est $12,144.00/mo
$1.00 SF/Mo
$12.00 SF/Yr
12144 SF
Est $10,340.00/mo
$0.55 SF/Mo
$6.60 SF/Yr
18800 SF
Est $64,154.20/mo
$0.55 SF/Mo
$6.60 SF/Yr
116644 SF
Est $14,850.00/mo
$0.55 SF/Mo
$6.60 SF/Yr
27000 SF
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McKinney, TX Warehouse Industry Market Report
Understanding the current landscape of warehouse space can make or break your business strategy—especially in a booming area like McKinney, TX. The McKinney, TX Warehouse Industry Market Report provides an indispensable resource for executives, engineers, and project managers seeking actionable insights into one of the fastest-growing areas in the Dallas-Fort Worth metropolitan region.
With key data on economic indicators, industrial real estate trends, and strategic location factors such as proximity to major highways and public transportation hubs, this report is essential reading.
Drawing from my extensive experience in market analysis and business intelligence within this sector, I’ve crafted this article to offer you pinpointed advice rooted in real-world data.
(Photo Credit: Wikimedia)
Overview of McKinney's Warehouse Industry
McKinney, TX situates itself as a prime location for the warehouse industry due to its proximity to major highways, public transportation, and airports. This strategic positioning enhances logistical efficiencies—driving down operational costs for businesses.
The city’s infrastructure supports seamless connections with key arteries such as U.S. Route 75 and State Highway 121, providing swift access to the Dallas-Fort Worth metropolitan area.
Nearby educational institutions also play a vital role in shaping McKinney’s appeal for warehouse investments. Collin College offers tailored programs that foster a skilled labor market—meeting the staffing needs of industrial enterprises.
Moreover, recent sales and leasing data reflect strong demand with historical trends indicating robust growth trajectories. For example, facilities near commercial hubs report higher occupancy rates compared to isolated locations within the city.
McKinney Warehouse Market Overview
Total Buildings: 214
Inventory: 28,431,541 sq ft
Direct Vacant: 3,417,015 sq ft
Overall Vacant: 3,679,178 sq ft
Direct Vacancy Rate: 12.0%
Overall Vacancy Rate: 12.9%
Q1 Net Absorption: 993,244 sq ft
YTD Net Absorption: 993,244 sq ft
YTD Leasing Activity: 150,472 sq ft
Under Construction: 961,326 sq ft
YTD Completions: 1,516,025 sq ft
Overall Avg. Asking Rent (Per Year): $5.88/sq ft
Overall Avg. Asking Rent (Per Month): $0.49/sq ft
Direct Avg. Asking Rent (Per Year): $6.70/sq ft
Direct Avg. Asking Rent (Per Month): $0.56/sq ft
Recent Developments and Trends in McKinney, TX
Leasing activity in McKinney has surged recently. Many businesses want warehouses close to major highways, airports, and public transportation. Developers are racing to meet this demand with new projects popping up.
Historical sales data shows strong performance over the past few years. The trend is expected to continue as forecasts predict steady economic growth in McKinney’s industrial sector.
Economic Impact of the Warehouse Industry
Jobs from the warehouse industry in McKinney, TX boost the local economy. Many people can find work due to new warehouses. This helps lower unemployment rates and bring more money into the area.
Warehouses need space near highways and public transit for shipping goods quickly. Close proximity to restaurants, banks, and shops also attract warehouse businesses. Lower property prices and good rental rates make this location even better for companies looking to grow.
Business and Tax Incentives in McKinney, TX
McKinney’s booming warehouse industry gets a boost from business and tax incentives. The city provides attractive benefits like tax breaks, grants, and other financial support to companies in this sector.
These perks help businesses save money and grow faster.
The availability of these incentives makes McKinney an appealing spot for new warehouses. Companies can cut costs significantly, making it easier to invest in the area. Understanding these incentives helps businesses make smart choices about their operations.
This support fosters job growth and economic stability for McKinney as well.
Future Growth Projections for McKinney
The attractive business and tax incentives in McKinney, TX and its clear growth makes this location prime real estate for companies looking for warehouses. The population of McKinney has been growing steadily, with a healthy mix of age groups and rising income levels.
These factors are crucial as they support consumer demand and workforce availability for warehouses.
Economic indicators such as strong employment rates and thriving industries further boost market confidence. Recent trends show an uptick in property prices, along with stable rental rates and low vacancy rates—signs of robust industrial real estate health.
Located near major highways like US Highway 75, along with access to public transportation and airports, McKinney is well-positioned geographically.
Historical sales data also points to consistent leasing activity. This makes future investments seem promising as businesses seek more space to meet demands. Forecasts suggest a positive economic outlook for McKinney over the next few years, making it a prime target for new warehouse developments and expansions.
Commercial Real Estate Services in McKinney, Texas
Over the past 12 months, the Dallas / Fort Worth market has added over 30 million square feet of industrial inventory. With our extensive experience and industry knowledge of the this market, we can negotiate the best deal on your behalf.