Most listings are in the $30's per square foot per year. The Fair Oaks region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Washington D.C. market, the Fair Oaks submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 14 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Fair Oaks are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,570 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 5 stories. Most buildings in this area were built in 1988 and are Class A.