Fair Oaks Medical Office Building II

Location

Getting Around

Walk Score ®
17/100 Car-Dependent
Transit Score ®
29/100 Some Transit
Bike Score ®
49/100 Somewhat Bikeable

Powered by Walk Score ®

Map
Street

City Fairfax, VA
Neighborhood Murray Farms
Zip Code 22033
Market Washington DC Suburban Maryland

Points of Interest

Herndon

4.79 miles
Reston Town Center

4.91 miles
Wiehle–Reston East

4.96 miles
Concourses C&D

5.44 miles
Concourse A

5.62 miles
Innovation Center

5.67 miles
Shuttle to Main Terminal & A Gates

5.71 miles
Concourse B

5.87 miles
Vienna/Fairfax–GMU

5.90 miles
Vienna Metro Station - North Entrance

5.93 miles

Shell

0.80 miles
Briar Oaks Exxon

1.00 miles
Sunoco

1.60 miles
Exxon

1.88 miles
Sunoco

2.01 miles
Bj's

2.08 miles
Sunoco

2.18 miles
Shell

2.20 miles
Sunoco

2.28 miles
Costco Gasoline

2.50 miles

12601 Parking Deck

1.84 miles
Truck Parking Area

2.04 miles
Fairfax County Government Center Parking

2.33 miles
Stringfellow Road Park and Ride

2.43 miles
School Busses

2.48 miles
Reston South Park and Ride

2.97 miles
Handicapped

3.29 miles
Ted Britt Ford

3.35 miles
Flint Hill School

3.48 miles
Handicapped

3.49 miles

Hilton Garden Inn Fairfax

0.95 miles
Fairfax Apartment

1.28 miles
Sonesta ES Suites Fairfax 1

1.46 miles
Sonesta ES Suites Fairfax 2

1.48 miles
Sonesta ES suites Fairfax

1.48 miles
Sonesta ES Suites Fairfax 3

1.50 miles
Hilton Fairfax

1.82 miles
Extended Stay America

1.88 miles
Fairfax Marriott at Fair Oaks

2.06 miles
Comfort Suites

2.65 miles

McDonald's

0.83 miles
Bonefish

0.83 miles
The Similans Thai Eatery

0.85 miles
Dogfish

0.89 miles
Popeyes

0.90 miles
Hunan Cafe

0.90 miles
Cafe Rio

0.92 miles
First Watch

0.93 miles
Dunkin'

0.93 miles
MOD Pizza

0.94 miles

Fair Oaks Hospital Child Care Center

0.23 miles
Navy Elementary School

0.41 miles
Montessori School of Oakton

0.90 miles
Sunrise House Alternative School

1.03 miles
Sunrise Il Alternative School

1.06 miles
Greenbriar East Elementary School

1.10 miles
Greenbriar West Elementary School

1.39 miles
Chantilly High School

1.43 miles
Lee's Corner Elementary School

1.66 miles
Rocky Run Middle School

1.70 miles

Childtime of Fairfax, VA

0.33 miles
Winwood Children's Center

1.04 miles
Franklin Farm Campus KinderCare

2.06 miles
Chesterbrook Academy

2.76 miles
Primrose School of Chantilly

3.26 miles
The Goddard School

3.59 miles
KinderCare

3.77 miles
Reston Children's Center

3.95 miles
Laiba's Family Day Care

4.20 miles
Minnieland

4.27 miles

Contacts

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Owner

True Owner
Registered Owner

Tenants

Suite Name	Tenant	Leased Space	Rent Price	Lease Type	Space Type	Lease Term
370 17th Street #5500	MERRILL, (303) 446-5500	23,824 SF	$23/SF/YR	Modified Gross	General Office	11/01/2014- N/A
370 17th Street #6000	Morrison & Foerster, (303) 592-1500	10,710 SF	$26/SF/YR	Full Service	General Office	08/01/2013- 07/31/2023

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Documents

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Sales

Purchase Date 29 Mar, 2019
Purchase Price
Arm's Length True
Buyer Name

Market Trends

Average Actual Rents in Fairfax

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent

Net Rent

$44.3/SF/YR

Recoverables Show detailsHide details

$16.7/SF/YR

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Occupancy & Leasing Activity

Occupancy

83.5%

Lease Spread

-20.5%

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Asking Rents in Fairfax Office Market

Office rental rates are based on aggregated data of asking rates.

2021 Avg. Asking Rent $29.04
2021 Office Vacancy Rate 15.65%
2021 Office Completions (SF)

Fairfax Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

2021 Avg. Price per SF $192.91
Y-o-Y Avg. PpSF Change 13.42%
2021 Office Sales Volume $278.3M
2021 Number of Transactions 9

View more Fairfax market trends

Frequently Asked Questions

What is the total square footage of Fair Oaks Medical Office Building II?

Fair Oaks Medical Office Building II totals 79,300 square feet.

When was this property built?

Fair Oaks Medical Office Building II was built in 1993.

When was Fair Oaks Medical Office Building II last sold?

Fair Oaks Medical Office Building II was last sold on 29 Mar, 2019.

What is the property tax for Fair Oaks Medical Office Building II?

The property tax for Fair Oaks Medical Office Building II in 2022 was $1,956,008.

What is the market value for Fair Oaks Medical Office Building II?

The market value* for Fair Oaks Medical Office Building II in 2022 was $171,054,540.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

Property Tax in 2022 $1,956,008
Market Value* $171,054,540
Assessed Value $171,054,540

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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