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: March 12, 2017

Downtown Fargo Rates

Most listings are in the $10's per square foot per year. The Downtown Fargo region is experiencing a decline in rates. In the last 3 months, the median rate fell $11 per sqft per year. That's a 40% decline in rent.

Downtown Fargo Listing Supply

In the last 90 days, 5 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 930 sqft. Most buildings in this market 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 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.
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Fargo Submarkets