The typical asking rate per listing is in the $30's per square foot per year. The Fairbanks North Star Borough submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 21% increase in rent.
In the last 90 days, 24 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 5,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1982 and are Class A.