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540 Maple Ave W
Vienna, VA 22180
Chick-fil-A & Flagship Carwash · Retail Property For Sale


Investment Highlights
- 2019 Construction | Best-in-Class Tenant Lineup | 100% Occupied | Unique 2-Story Configuration | Drive-Thru Equipped
- Strong Demographics in 5-Mile Trade Area | Affluent Incomes | 15 Minutes from Washington DC | Highly Educated Consumer Base
- Signalized, Hard Corner Intersection | I-495 (223,000 VPD) | Centralized Location | Fairfax Medical Campus (928 beds)
- Strong National/Credit Tenants | Dense Retail Corridor | 1-Block Away from 444 Maple Development (144 Units)
Executive Summary
SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 2-story Chick-fil-A and Flagship Carwash investment property located in Vienna, Virgina (Washington D.C. MSA). Constructed in 2019, the property features top-of-the-line construction and a rare two-story configuration, with Chick-fil-A occupying the ground floor (including its drive-thru component) and Flagship Carwash operating from the second story. The property features a best-in-class tenant lineup led by Chick-fil-A, a nationally dominant QSR brand with more than $22 billion in annual system wide sales, and Flagship Carwash, a rapidly expanding regional platform operating 40+ locations throughout Virginia, Maryland, and the D.C. metro area. The site is 100% occupied with a 8.2 year weighted average lease term (WALT), reducing the risk of near-term rollover. Both tenant leases include multiple five-year renewal options with 10% rental increases at the beginning of each option period, providing long-term income stability and embedded growth. The site may qualify for bonus depreciation, see page 17 for details.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,674 SF
Building Class
B
Year Built
2019
Price
$23,143,500 CAD
Price Per SF
$2,392.34 CAD
Cap Rate
5%
NOI
$1,157,300 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.49 AC
Zoning
954 - Shopping Center
Property Taxes
| Parcel Number | 0383-02-0152A | Improvements Assessment | $16,272,410 CAD |
| Land Assessment | $2,638,484 CAD | Total Assessment | $18,910,894 CAD |
Property Taxes
Parcel Number
0383-02-0152A
Land Assessment
$2,638,484 CAD
Improvements Assessment
$16,272,410 CAD
Total Assessment
$18,910,894 CAD
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