Two-Story QSR and Carwash
540 Maple Ave W Vienna, VA 22180
540 Maple Ave W, Vienna, VA, 22180
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For Sale
Contact for pricing
Fee simple opportunity with Chick-fil-A on the ground floor and a flagship car wash on the second story.
Property Size9,674 SF
Price / SF$1,721
Days on Market114
Property Features for 540 Maple Ave W
General Information
- Standard status
- Active
- Size
- 9,674 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agency
SRS Real Estate Partners McLean
(202) 286-1542
Listed by
Andrew Fallon · License #PA RSR006585
Source
Crexi
Added: Mar 30 Updated: Jul 20 at 5:46PM Checked: Jul 20 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners McLean
Investment Insights
Based on property information with market context.
SRS Capital Markets presents a fee simple (land and building) investment opportunity featuring a two-story Chick-fil-A and flagship car wash. Constructed in 2019, the property is configured with Chick-fil-A occupying the ground floor, including its drive-thru component, while the car wash operates from the second story.
The site is 100% occupied with an 8.2-year weighted average lease term (WALT). Both tenant leases include multiple five-year renewal options, with 10% rental increases at the beginning of each option period.
The property is located near the signalized, hard-corner intersection of Maple Avenue West and Nutley Street Southwest, supporting more than 59,000 vehicles per day, and benefits from nearby access to Interstate 495 (223,000 VPD), Interstate 66 (157,000 VPD), and Highway 50 (39,000 VPD). The surrounding retail corridor includes national/credit tenants such as Target, Home Depot, Whole Foods, Safeway, Giant, CVS, Aldi, and LA Fitness. The asset also benefits from nearby apartment development and employment demand, including proximity to Inova Fairfax Medical Campus.
The site is 100% occupied with an 8.2-year weighted average lease term (WALT). Both tenant leases include multiple five-year renewal options, with 10% rental increases at the beginning of each option period.
The property is located near the signalized, hard-corner intersection of Maple Avenue West and Nutley Street Southwest, supporting more than 59,000 vehicles per day, and benefits from nearby access to Interstate 495 (223,000 VPD), Interstate 66 (157,000 VPD), and Highway 50 (39,000 VPD). The surrounding retail corridor includes national/credit tenants such as Target, Home Depot, Whole Foods, Safeway, Giant, CVS, Aldi, and LA Fitness. The asset also benefits from nearby apartment development and employment demand, including proximity to Inova Fairfax Medical Campus.
Key Highlights
- 2019‑built, 2‑story investment: Chick‑fil‑A on the ground floor (including drive‑thru) and Flagship Carwash on the second story
- 100% occupied with an 8.2‑year weighted average lease term (WALT), reducing near‑term rollover risk
- Both tenant leases include multiple five‑year renewal options with 10% rental increases at the beginning of each option period
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $2.40M | $248.04 |
| − Vacancy | −$355.1k | −$36.71 |
| EGI | $2.04M | $211.33 |
| − OpEx | −$613.3k | −$63.40 |
| NOI | $1.43M | $147.93 |
9,674 SF · lease $248.04/SF/yr · vacancy 14.80% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$40.55M
$35.48M – $47.31M
NOI $2,838,569 @ 7.0% cap · market cap 17.05%
Second Best
Industrial
$20.44M
$17.89M – $23.85M
NOI $1,431,085 @ 7.0% cap · market cap 8.60%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flagship Carwash
Car Wash
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Fee simple opportunity with Chick-fil-A on the ground floor and a flagship car wash on the second story.
Where is this drive through restaurant located?
The property is located at 540 Maple Ave W Vienna, VA.
What is the asking price?
The asking price for this property is $16,650,000.
What are key features of this property?
This property features: 2019‑built, 2‑story investment: Chick‑fil‑A on the ground floor (including drive‑thru) and Flagship Carwash on the second story; 100% occupied with an 8.2‑year weighted average lease term (WALT), reducing near‑term rollover risk; Both tenant leases include multiple five‑year renewal options with 10% rental increases at the beginning of each option period
