Most listings are in the $10's per square foot per year. The Fargo submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 11 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 391% of the available space in the Fargo are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,970 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this region were built in 1994 and are Class B.