The typical asking rate per listing is in the $30's per square foot per year. The Fair Oaks region is experiencing a a boost in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Washington D.C. market, the Fair Oaks submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 64% of the office spaces in the Fair Oaks are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,760 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 5 stories. Most buildings in this market were built in 1988 and are Class A.