On average, listings lease in the $30's per square foot per year. The Fairbanks submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.
In the last 90 days, 1 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 500% of the listings in the Fairbanks are subleases, so you might be able to snag a great spot on a short term. 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 5,330 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1983 and are Class A.