Fair Oaks Retail

Fair Oaks

Office Space Market Report

Number of Listings (last 90 days)
122
Median Rate ($/sqft/yr)
$43
Median Size (sqft)
2,840
As of: August 22, 2017

Fair Oaks Rates

The typical asking rate per listing is in the $40's per square foot per year. The Fair Oaks region is going through a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 35% rise in rent.

Compared to the rest of the Washington D.C. market, the Fair Oaks region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Fair Oaks Listing Supply

In the last 90 days, 14 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the available leases 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 2,640 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this market were built in 1987 and are Class A.

Fair Oaks Community

Market Report

Trends and status of the commercial real estate market in Fair Oaks.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Fair Oaks.
Research