Map of Property

Lazy Dog

4810 Waterview Meadow Drive, Richmond, TX 77407

  • For Sale $7,385,000
  • 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 Dec 17, 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

Contacts

broker
John Andreini

CP Partners

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does Lazy Dog cost?

The space currently listed for sale at Lazy Dog asks for $7,385,000.

What is the total square footage of Lazy Dog?

Lazy Dog totals 9,000 square feet.

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Contact Listing Broker
broker
John Andreini

CP Partners