Property summary
This exceptional investment opportunity presents a fee-simple ownership of a First Watch restaurant in Henrico, Virginia. Located at 8621 Quioccasin Rd, this 3,615 square foot Class A property boasts a 100% occupancy rate with a corporate guarantee lease expiring March 29, 2030 (5.4 years remaining). The absolute NNN lease includes 10% rent bumps every five years and offers two, five-year lease options. The property sits on a 0.34-acre lot and benefits from a prime location within the… Regency redevelopment project, a 2 million square foot mixed-use development anchored by over 1,200 new apartments. This high-traffic area (17,000 vehicles per day) enjoys strong retail and entertainment synergies, including nearby Performance Pickleball, Nova Swimming, Surge Adventure Park, and Walmart. The property's proximity to several schools with approximately 3,750 students further enhances its appeal. The area demonstrates significant growth, with a population increase of over 10% within a one-mile radius between 2010 and 2020, and an average household income exceeding $129,000 within a five-mile radius. The property's Net Operating Income (NOI) is $180,677, resulting in a 6.25% cap rate, and the asking price is $2,890,800 ($799.67 per square foot). Built in 2020, this is a rare chance to acquire a net-leased asset in a thriving, high-income area.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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