Fair Oaks Mall
Regional Market / Submarket: Fairfax: Route 50 / I-66
Year Built, Renovated: 1980, 1988 & 2000
Gross Leasable Area: 1,569,000 square feet
Mall Tenant Space: 565,000 square feet
Population (5 miles): 1,139,891
Ave HH Income (5 miles): $130,000
Key Tenants: Sears, Macy’s JC Penny, Lord & Taylor, Apple, Coach, Michael Kors, H&M, XXI Forever, Abercrombie & Fitch, Pottery Barn, Cheesecake Factory
The Fair Oaks Mall is an 1.56mm square foot Class “A”, super-regional mall, anchored by five tenants including Sears, two Macy’s, JC Penny, and Lord & Taylor. The in-line space is approximately 90% occupied with over 190 high quality tenants. The Fair Oaks Mall is the preferred retail destination for the affluent communities of Western Fairfax County, Virginia. Olshan Properties co-developed the Fair Oaks Mall and remains a significant partner of Taubman (NYSE: TCO).
For more information, please visit Taubman.
About the Trade Area:
Fair Oaks is strategically located at the intersection of I-66 and U.S. Route 50, just east of Fairfax County Parkway. The property is 10 miles east of Washington-Dulles International Airport and 20 miles west of downtown Washington D.C.
Located in one of the nation’s largest suburban office markets, Fair Oaks is within five miles of an estimated 16 million square feet of office space and a daytime population of more than 148,000 workers. Inclusive of Fairfax, Loudoun, and Prince Williams counties; the property’s local market is one of the most affluent in the U.S. with average household income nearly twice the United States average.