Most listings are in the $30's per square foot per year. The Fair Oaks region is seeing a a boost in rates. In the last 3 months, the median rate increased $33 per sqft per year. That's a Inf% increase in rent.
Compared to the rest of the Washington D.C. market, the Fair Oaks region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 18 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 6% of the listings 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this region were built in 1987 and are Class A.