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Washington DC & Mid-Atlantic  + DC Metro  + Retail  |  August 11, 2026
Jasmine Kilman
By: Jasmine Kilman

SRS Real Estate Partners Brokers $15M Sale of Retail Property Anchored by Chick-fil-A

SRS Real Estate Partners completed the $14.95 million sale of a two-tenant retail property located at 540 Maple Avenue in Vienna, Virginia, about 15 miles from Washington, D.C.

Built in 2019 and situated on 1.19 acres, this unique two-story property is fully occupied by Chick-fil-A on the ground floor with a drive-thru. Flagship Carwash is operating a full-service facility on the second floor. SRS Capital Markets Executive Vice President & Managing Principal Andrew Fallon and First Vice President Philip Wellde represented the seller, the property’s original developer. The buyer was a local investor.

“As a net lease investment offering, the asset attracted significant interest from a wide range of investors, including high-net-worth and 1031 exchange buyers seeking a high-quality property with long-term passive income and a building that has tax-efficient components,” said Fallon. Located at 540 Maple Avenue East, the property benefits from a premier infill location in the heart of Vienna.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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