540 Maple Ave W - Restaurant FOR SALE


Vienna, VA 22180
$16,650,000 USD
202-286-1542
540 Maple Ave W, Vienna, VA for Sale
$16,650,000 USD
Restaurant - FOR SALE
1/6
null | 5% Cap Rate

540 Maple Ave W
Vienna, VA 22180


HIGHLIGHTS

  • 2019 Construction | Best-in-Class Tenant Lineup | 100% Occupied | Unique 2-Story Configuration | Drive-Thru Equipped
  • Signalized, Hard Corner Intersection | I-495 (223,000 VPD) | Centralized Location | Fairfax Medical Campus (928 beds)
  • Strong Demographics in 5-Mile Trade Area | Affluent Incomes | 15 Minutes from Washington DC | Highly Educated Consumer Base
  • Strong National/Credit Tenants | Dense Retail Corridor | 1-Block Away from 444 Maple Development (144 Units)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$16,650,000 USD

PRICE/SF

$1,721 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-fil-A & Flagship Carwash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,542 SF

ZONING

954

APN/PARCEL ID

0383-02-0115

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.