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4810 Waterview Meadow Dr
Richmond, TX 77407

$8,000,000 USD

Restaurant For Sale  •  9,000 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 9,000 SF
  • Lot Size 2.52 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 6.00 %
  • Tenancy Single
0 Transit Score
40 Walk Score

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
Lazy Dog corporate has 50+ locations with 10 more under construction
The company has a 20+ year operating history

Property Flyers

Cap Rate: 6.00 %

Public Transportation

AirportDriveWalkDistance
William P Hobby 51 min - 31.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 140
Type: Surface
Included in Rent: Yes
John Andreini 415-274-2715 CP Partners CRE
John Andreini 415-274-2715 CP Partners CRE