New Chick-fil-A Ground
930 Garrisonville Rd, Stafford, VA 22556
Corporate ground lease with long-term tenant in high-traffic location.
Type:Restaurant
Property size:
5,736 SFLot size:
1.84 AcresPrice / SF:
$592/SF- Added:
- May 19, 2026
- Days on Market:
- 8
- Last Refresh:
- May 19 at 3:07 am
Property Features for 930 Garrisonville Rd
General Information
- Standard status
- Active
- Size
- 5,736 SF
- Lot size
- 1.84 Acres
- Property subtype
- Restaurant
Listing agent Dean Zang License #License(s): MD: 665335, VA: 0225239201 (202) 536-3754
Listing office Marcus & Millichap | Washington D.C. (202) 536-3754
Listing date May 19, 2026
Source Marcusmillichap
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 Marcus & Millichap | Washington D.C.
HighLights
- New 15‑year corporate ground lease with Chick‑fil‑A, Inc.
- Strategic location on Garrisonville Road with high traffic volume (35,000 VPD) and proximity to I‑95.
- 10% rental increases every five years, providing a hedge against inflation.
- Strong market demographics with high average household income ($173,065).
- Adjacent to established retailers (7‑Eleven and CVS), generating substantial customer traffic.
- Proximity to four schools with over 4,400 students.
Overview
This property features a new, long-term corporate ground lease with Chick-fil-A, Inc., subject to a 15-year term that commenced in mid-May 2026. The corporate lease includes 10% increases every five years during the base term and each of the eight, five-year options. The Chick-fil-A operates in a 5,736 square-foot building with a double drive-thru along Garrisonville Road. Situated on a 1.84-acre parcel accessible to 35,000 vehicles per day, the property is located along Garrisonville Road, near Interstate-95. The property is adjacent to modern 7-Eleven and CVS locations. A self-storage facility is located on the rear parcel of this project. The Tenant, Chick-fil-A, Inc. has demonstrated a strong commitment to the immediate Garrisonville market over several decades. The subject location is central to the area’s newest residential and commercial projects, in addition to a massive County High School. Within 1-mile of the property, there are 4 schools including Rockhill Elementary School (646 Students), Park Ridge Elementary School (879 Students), AG Wright Middle School (839 Students), and North Stafford High School (2,045 Students). Chick-fil-A is the largest chicken chain and the third-largest fast-food chain in the United States with total system wide sales of $23.92 billion in sales in 2025, a 5.15% increase over 2024. Chick-fil-A operates over 3,300 restaurants across 48 states, Washington, D.C., Canada, and Puerto Rico. The company reported revenue of $10.34 billion, and generated a record $9.09 million of average sales per location, leading all major fast-food chains.
Financial Insights
Value Estimation Calculated for Specialty Retail
Conservative
$2.48M
NOI $223,016 @ 9.00% cap · cautious / downside scenario
Moderate
$3.19M
NOI $223,016 @ 7.00% cap · market / base-case scenario
Aggressive
$4.46M
NOI $223,016 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Specialty Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $309.7k | $54.00 |
| − Vacancy | −$12.4k | −$2.16 |
| EGI | $297.4k | $51.84 |
| − OpEx | −$74.3k | −$12.96 |
| NOI | $223.0k | $38.88 |
5,736 SF · lease $54.00/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Specialty Retail
$3.19M
$2.79M – $3.72M
NOI $223,016 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Stafford
- County
- Stafford
- State
- Virginia
- Longitude
- -77.4611699
- Latitude
- 38.4694976
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Corporate ground lease with long-term tenant in high-traffic location.
Where is this drive through restaurant located?
The property is located at 930 Garrisonville Rd Stafford, VA.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: New 15‑year corporate ground lease with Chick‑fil‑A, Inc.; Strategic location on Garrisonville Road with high traffic volume (35,000 VPD) and proximity to I‑95.; 10% rental increases every five years, providing a hedge against inflation.
