Downtown Fargo Retail

Downtown Fargo

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
930
As of: February 24, 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 decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 13% decline in rent.

Downtown Fargo Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases 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.

Even though the median size is 3,290 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region were built in 2005.

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 market. Most of the residents 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