FAIR OAKS MALL

PROPERTY OVERVIEW:

Fair Oaks Mall is a 1.7 million square foot enclosed, two story retail center located in Fairfax, Virginia, featuring a collection of retail, dining and service establishments. The center first opened to the public in 1980 and has since become one of the largest premier shopping destinations in the region with around 160 stores and offering over 25 dining options. Anchors of the center include JCPenney (190,091 SF), Macy's (215,000 SF) and Macy's with Furniture Gallery (229,064 SF).

MARKET INSIGHTS:

Fair Oaks Mall is situated in Northern Virginia, approximately 20 miles from Washington D.C., and can be easily accessible from I-66 or US-50. As of 2022, Fairfax County's total population is 1,172,600, with a median age of 39.4. Fairfax's median household income is $145,164 (2022), ranking it as one of the wealthiest counties in the United States, a major contribution to the center's success. The area's diverse economic and ethnic environment gives any business that chooses Fair Oaks Mall a chance to thrive and grow.