On average, listings lease in the $20's per square foot per year. The Fairbanks North Star Borough region is experiencing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 18% decrease in rent.
In the last 90 days, 106 listings have been posted online, so you'll want to check back regularly for new listings. About 40% of the available leases in the Fairbanks North Star Borough are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 1983 and are Class A.
Real time and historical data on commercial real estate listings in Fairbanks North Star Borough.
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