Fairbanks North Star Borough Industrial

Fairbanks North Star Borough

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
8,000
As of: July 23, 2017

Fairbanks North Star Borough Rates

On average, listings lease in the $30's per square foot per year. The Fairbanks North Star Borough region is going through a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 13% increase in rent.

Fairbanks North Star Borough Listing Supply

In the last 90 days, 2 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 150% 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 posted, so finding a space for a small business might be tough.

Even though the median size is 8,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1985 and are Class A.

Fairbanks North Star Borough Community

Market Report

Trends and status of the commercial real estate market in Fairbanks North Star Borough.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fairbanks North Star Borough.
Research

Fairbanks North Star Borough Submarkets