4807 Waterview Meadow Dr
Richmond, TX 77407
15-Yr Corporate Texas Roadhouse Ground Lease · Retail Property For Sale

The property is conveniently located on Grand Parkway, with excellent visibility and access to 49,400 vehicles per day directly in front of the site. The site is located along State Route 99, a major north-south thoroughfare traversing Texas. The location resides in a densely populated area with affluent demographics, with an average household income of $119,522 within a one-mile radius of the property and population of 207,141 within a five-mile radius of the location. Traffic to the property is increased by the site’s proximity to several large housing developments, including Waterview Estates (28,004 residents), Long Meadow Farms (27,407 residents), Waterside Estates (20,642 residents), and Bradford Park (18,917 residents). The area is growing rapidly, with a projected population growth of 32 percent in the next five years within one mile of the property. The site has an irreplaceable infill location near large schools, employers, and retailers. Visibility is increased by the property’s central location in Waterview Town Center, one of four new retail centers located along Grand Parkway, featuring 1.4 million SF of retail space. The location is also Immediately adjacent to Target’s first next generation store, a new H-E-B, and is surrounded by notable tenants such as Chick-fil-A, Chipotle Mexican Grill, Whataburger, Academy Sports + Outdoors, At Home, Jersey Mike’s, Starbucks, Subway, and many more. The property is within a three-mile radius of William B. Travis High School (2,489 students), Oakland Elementary School (1,052 students), and David Crockett Middle School (991 students).