Chick-fil-A | Northern, VA | 2026 Constructio 930 Garrisonville rd 5,736 SF 100% Leased Retail Building Stafford, VA 22556 $3,400,000 ($592.75/SF) 3.82% Cap Rate

A New Long Term Corporate Ground Lease – The Tenant, Chick-Fil-A, Inc., is subject to a 15-year ground lease that opened in mid-May 2026. The corporate lease features 10% increases every five years in the base term, as well as each of the eight, five-year options as a hedge against inflation. Chick-fil-A operates in a 5,736 square-foot building with a double drive-thru along Garrisonville Road, just a few miles off of Interstate-95. Chick-fil-A is family owned/privately held, and carries an implied investment grade credit rating.
Westward Expansion Along Garrisonville Rd – Sitting on a 1.84-acre parcel accessible to 35,000 VPD, it is yet another national retail brand to add another location along busy Garrisonville Road. Garrisonville Road’s interchange with I-95 has immense traffic, and as residential growth in the area has pushed west, retail developments have followed. The subject property is adjacent to modern 7-Eleven and CVS locations which bring a combined 360K annual visitors to the intersection at Space Way. A few years ago, a self-storage facility opened on the rear parcel of this project. Retailer expansion into this market has been consistent for about a decade. In 2017, Walmart Neighborhood Market opened 0.75 miles west of the site. Placer.ai reports that this Walmart averages 1.1M annual customers visits, ranking it 2nd of 19 locations in the state. Next to the Walmart, national brands like Dollar Tree, AutoZone, Sheetz, and Wawa have opened. Just east of the subject Chick-fil-A is a new 23-acre mixed-sse development know as Patriots Crossing. Currently, it is home to a newly constructed 4-tenant retail strip, as well as a car wash. Multiple pad sites are planned for development at this project in the future.

Second Location Opened by Tenant Within 3 Miles of I-95 – The Tenant, Chick-fil-A, Inc. has demonstrated a strong commitment to the immediate Garrisonville market over several decades. In 2000, the chain opened their second unit on Garrisonville Road (25 Dunn Road). Since 2000, this location has thrived, and in 2020, the chain exercised a 10-year option and completed a renovation. However, Dunn Road only has a single drive-thru lane. Customer demand encouraged the chain to open the subject location just 2.18 miles west, making it the third Chick-fil-A along Garrisonville Road. The subject location is central to the area’s newest residential and commercial projects, in addition to a massive County High School. The Northern Virginia area has boomed in the past couple of decades, including Stafford. Since 2010, the 5 -mile population has grown by 26.18% to 89,653 people with AHHI of $173,065. It is to expected to continue to grow by an additional 3% by 2029.
Nearby 4 Schools with 4,400+ Students – 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). Of the 4 schools, the closest is North Stafford High School which is effectively within view of the site and has a point of ingress/egress at the intersection of Garrisonville Rd and Shelton Shop Rd; the same intersection as Chick-fil-A. These 4 schools and their total 4,409 students will provide significant daily traffic to Chick-fil-A, especially during breakfast and lunch.
Best-In-Class Retailer - 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.