The typical asking rate per listing is in the $30's per square foot per year. The Fairbanks North Star Borough region is experiencing a a rise in rates. In the last 3 months, the median rate went up $36 per sqft per year.
In the last 90 days, 2 listings have been made available, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 250% of the available leases in the Fairbanks North Star Borough are subleases, so you might be able to find a shorter term or below market rent. 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 5,330 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market were built in 1985 and are Class A.