Most listings are in the $30's per square foot per year. The Fair Oaks submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $11 per sqft per year. That's a 26% decrease in rent.
Compared to the rest of the Washington D.C. Area market, the Fair Oaks submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 122 listings have been posted online, so you'll want to check back regularly for new listings. About 8% of the available space in the Fair Oaks are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,770 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 5 floors. Most buildings in this region were built in 1987 and are Class A.
Real time and historical data on commercial real estate listings in Fair Oaks.
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