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.
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.