Map of Property

Lazy Dog

For Sale

4810 Waterview Meadow Drive, Richmond, TX 77407

This Richmond property for sale is located at 4810 Waterview Meadow Drive. The current listed sale price for Lazy Dog is $8,000,000. Lazy Dog is situated on a lot that is 2.52 acre in size.

Contacts

broker

John Andreini

CP Partners

Property Details

  • Property Type Retail - Restaurant
  • Property Size 9,000 SF
  • Lot Size 2.52 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 2024
  • Date Updated Nov 13, 2024
-This new construction, Lazy Dog features a 20-year absolute NNN ground lease with 10% rental increases every 5 years. Additionally, this lease is guaranteed by corporate and backed by all 50+ Lazy Dog locations, whose 2023 revenue totaled $397M – ranking it #42 in the sit-down casual restaurant space by Nation’s Restaurant New’s Top 500 Restaurant Chains of 2023.There is abundant acreage in Waterview Town Center, an ~1M+ SF mix-used development. The subject property is adjacent to two new luxury apartment communities totaling 560 units. This is a prominent location within Waterview and fronts Interstate 99 (46,911 VPD).

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Highlights

  • 20-year corporate lease with 10% rent increases every 5 years – zero landlord maintenance or expense responsibilities
  • Lazy Dog’s 2023 revenue totaled $397M – ranking it #122 by Nation’s Restaurant New’s Top 500 Restaurant Chains of 2024
  • Some of the highest Average Unit Volume’s in the industry in excess of $8.7M (Read more here)
  • Lazy Dog corporate has 50+ locations with 10 more under construction
  • The company has a 20+ year operating history

Attachments

Getting around

  • 41/100

    Walk Score ®

  • 30/100

    Bike Score ®

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Location

  • City Richmond, TX
  • Neighborhood Pecan Grove
  • Zip Code 77407
  • Market Houston

Points of Interest

  • H-E-B Fuel

    0.52 miles

  • Kroger Fuel Center

    0.95 miles

  • Shell

    1.07 miles

  • Circle K

    2.60 miles

  • Exxon

    2.86 miles

  • Valero

    2.89 miles

  • Chevron

    2.94 miles

  • Richmond, TX Supercharger

    7.05 miles

  • Tesla Supercharger

    7.32 miles

  • eVgo

    7.34 miles

  • Scarlet Zone

    0.51 miles

  • Student Parking

    4.74 miles

  • Middle school parking

    6.00 miles

  • YMCA Parking

    6.47 miles

  • East Gate Garage

    6.49 miles

  • West Gate Garage

    6.53 miles

  • Mission Bend Transit Center

    6.56 miles

  • Cinco Park Parking

    6.72 miles

  • Cinco Ranch Building parking lot

    6.77 miles

  • Day Lot 3

    7.16 miles

  • Texas Roadhouse

    0.03 miles

  • Panda Express

    0.07 miles

  • Chick-fil-A

    0.14 miles

  • Piada Italian Street Food

    0.16 miles

  • Aloha Pokē Co

    0.16 miles

  • Cinnaholic

    0.16 miles

  • Chipotle

    0.16 miles

  • Bojangles'

    0.17 miles

  • Pho Bo To Restaurant

    0.17 miles

  • Wendy's

    0.19 miles

  • H-E-B

    0.52 miles

  • Marshalls

    0.70 miles

  • Target

    0.75 miles

  • Ross

    0.89 miles

  • Burlington

    0.93 miles

  • Kroger Marketplace

    1.00 miles

  • ALDI

    1.17 miles

  • Yogi Indian Grocers

    2.13 miles

  • La Michoacana Meat Market

    2.84 miles

  • Randalls 2670

    2.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John Andreini

CP Partners