Downtown Fairbanks Retail

Downtown Fairbanks

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
8,000
As of: June 28, 2017

Downtown Fairbanks Rates

On average, listings lease in the $20's per square foot per year. The Downtown Fairbanks submarket is going through a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Downtown Fairbanks Listing Supply

In the last 90 days, 0 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the listings in the Downtown Fairbanks 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 8,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1975.

Downtown Fairbanks Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Downtown Fairbanks residents. Commuting around 10 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 Fairbanks.
Market Report

Market Data

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

Fairbanks Submarkets