On average, listings lease in the $20's per square foot per year. The Fairbanks region is experiencing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 28% decline in rent.
In the last 90 days, 82 listings have been made available, so you'll want to check back regularly for new listings. About 38% of the available leases in the 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 market are around 2 floors. Most buildings in this area were built in 1982 and are Class A.
Real time and historical data on commercial real estate listings in Fairbanks.
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