Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2964 Chain Bridge Rd Oakton, VA 22124

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Chain Bridge Rd location, 3,070 SF

    Lot size:
    3,070 SF

    Property Features for 2964 Chain Bridge Rd

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,070 SF

    Building Details

    Year Built
    1977

    Spaces For Lease

    at 2964 Chain Bridge Rd, Oakton, VA 22124 Contact us

    We can help!

    Listing Contact
    Alex Willner
    Alex Willner

    Listing Agency: KLNB - Tysons Listing Agent: Alex Willner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail opportunity presents a 3,070 square foot building ideally situated on Chain Bridge Road in Oakton, Fairfax County. Built in 1977, the property boasts a highly visible location with excellent access from two sides, ensuring maximum exposure for your business. The single-tenant building sits on a sizable 1.06-acre lot and features two convenient drive-thru lanes, a significant advantage for businesses requiring this type of customer access. The C-5 zoning allows for a wide range of retail uses, making this property exceptionally versatile. This location is in an underserved retail node of Fairfax County, presenting a unique chance to establish a thriving business in a high-traffic area. The building's substantial size and prime location offer significant potential for growth and profitability. The property's accessibility and visibility make it an attractive option for a variety of retail concepts. This is a rare opportunity to secure a well-positioned retail space in a desirable Fairfax County submarket. The existing structure provides a solid foundation for immediate occupancy or potential renovation to suit specific business needs. Don't miss this chance to capitalize on this exceptional retail offering.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakton
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.3028703
    Latitude
    38.880371

    Nearby Similar for Lease

    • $600 /Mo

      Professional Office Suite For Rent

      Private office suite with kitchen and restroom in Oakton, VA.
      2915 Hunter Mill Rd, Oakton, VA 22124
      View Details
    • $32 SF/Yr
      17,400 SF

      Prime Retail Spaces in Oakton

      Exceptional commercial leasing opportunity in a highly desirable Oakton location.
      2911 Hunter Mill Rd, Oakton, VA 22124
      View Details
    • Contact for pricing
      7,565 SF

      Oakton Office Space For Lease

      Office space available with convenient access to transportation.
      10455 White Granite Dr, Oakton, VA 22124
      View Details
    • $40 SF/Yr
      17,400 SF

      Oakton Retail Space: Two Suites Available

      Prime Oakton location, flexible spaces, ample parking.
      2911 Hunter Mill Rd, Oakton, VA 22124
      View Details
    • $25 SF/Yr
      5,651 SF

      Oakton Office Space Available Now

      Prime Oakton location, multiple suites, flexible space.
      2936 Chain Bridge Rd, Oakton, VA 22124
      View Details
    • Contact for pricing
      7,641 SF

      Oakton Office Building For Rent

      Eight-story office building with easy access to major highways.
      3201 Jermantown Rd, Oakton, VA 22124
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Chain Bridge Rd location, 3,070 SF
    Where is this retail property located?
    The property is located at 2964 Chain Bridge Rd Oakton, VA.
    What are key features of this property?
    This property features: 3,070 SF retail building available for lease.; Single-tenant occupancy.; Located on Chain Bridge Road with excellent visibility.
    (703) 268-2727 Call to check price and availability
    Request Owner's contact information
    2964 Chain Bridge Rd Oakton, VA 22124
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2964 Chain Bridge Rd
    Oakton, VA 22124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2964 Chain Bridge Rd Oakton, VA 22124
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Alex Willner
    Alex Willner
    (703) 268-2727 (703) 268-2718
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!