Downtown Fargo Office Space

Downtown Fargo

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,520
As of: May 21, 2017

Downtown Fargo Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Fargo region is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.

Downtown Fargo Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,520 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1986.

Downtown Fargo Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the occupants of Downtown Fargo work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Fargo.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Fargo.
Research

Fargo Submarkets