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Silver Diner 2909 Gallows Rd 5,600 SF Retail Building Falls Church, VA 22042 $7,400,000 ($1,321.43/SF) 5% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Ground Lease – Silver Diner has operated since 1997 under an absolute triple-net (NNN) ground lease with zero landlord responsibilities.
  • High Traffic and Visibility Northern Virginia Location – Strategically positioned at the signalized intersection of Gallows Rd and Lee Hwy.
  • The surrounding ±5-mile radius encompasses approximately 138,629 households with an average annual income of $208,755.
  • Cover Land Opportunity with Future Repositioning – Situated on +/- 1.49 Acres the subject property zoned C-3 in Fairfax County.
  • Highly Affluent and Densely Populated Trade Area – Located in Falls Church, within the Northern Virginia submarket.

EXECUTIVE SUMMARY

Kyle Matthews
License # 0226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,600 SF
Building Class
C
Year Built
1997
Price
$7,400,000
Price Per SF
$1,321.43
Cap Rate
5%
NOI
$370,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.49 AC
Zoning
430 - 351 - Restaurant With Alcohol
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
68’ on Porter Rd

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection
Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

LA Fitness
Starbucks
MOM's - My Organic Market
Chase
PNC Bank
Lidl
H Mart
Harris Teeter
[solidcore]
Gold's Gym

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0494-01-0049E
Land Assessment
$1,500,000
Improvements Assessment
$2,239,340
Total Assessment
$3,739,340
  • Listing ID: 38640506

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 2909 Gallows Rd, Falls Church, VA 22042

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