Most listings are in the $20's per square foot per year. The Downtown Fairbanks region is seeing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 41 listings have come on the market, so you'll want to check back regularly for new listings. About 49% of the available leases in the Downtown Fairbanks 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 3,560 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1967.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Fairbanks folk. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Fairbanks.
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