On average, listings lease in the $20's per square foot per year. The Fairbanks submarket is going through a a boost in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 2% increase in rent.
In the last 90 days, 16 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 5,430 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1976 and are Class A.