Shake Shack - Richmond, TX (Houston MSA)
Pad to Waterview Town Center | 134+ AC Master Planned Community
Marketing description
LINK TO OFFERING MEMORANDUM: https://realsource.com/shake-shack-richmond-tx/
Single-Tenant Shake Shack Drive-Thru:
Absolute NNN Lease, zero landlord responsibilities
15-year initial lease term with Four, 5-year options
Favorable, 10% increases every 5-Years during primary term and options
Corporately guaranteed lease by one of the world’s most recognizable fast-casual burger restaurants
Brand new construction, w/ opening estimated for July 2026
About Shake Shack:
Leading premium fast-casual burger concept with strong brand recognition
670+ locations worldwide and rapidly expanding footprint
Publicly traded company NYSE: SHAK
$1.45B+ in reported revenue for 2025
85 new locations opened in 2025 with a robust development pipeline
McDonald's, Chick-Fil-A, Whataburger, Burger King, Wendy's, Hardee's, Raising Cane's, Popeyes, KFC, Five Guys, The Habit Burger Grill, Culver's, Chipotle Mexican Grill, Sweetgreen, Cava, Jersey Mike's, Starbucks, Panera Bread, Dunkin'
Investment highlights
Positioned within Waterview Town Center (Richmond, TX):
134-acre mixed-use development featuring ~1,000 new apartment units and 525,000+ SF of retail
Anchored by national tenants including Academy Sports, Sprouts Farmers Market, and LA Fitness
Located along a major retail corridor with strong visibility and accessibility
Serves a rapidly growing Richmond/Rosenberg trade area with continued residential expansion
Proximate to major thoroughfares providing convenient regional access
Close Proximity to Major Home Developments:
Subject property is adjacent to Aliana, Houston’s 2nd top-selling master-planned community (4,100 homes), Harvest Green (2,000 homes), Fieldstone (1,500 homes), Waterview Estates (1,200 homes), Long Meadow Farms (570 homes), Grand Mission Estates (500 homes), McCrary Meadows (390 homes), Taj Residences (80 homes), and many more
Tremendous nearby population demographics, with 248,000+ Residents & $149,000+ Avg. Household Incomes within 5-mi radius
Nearby Amazon Distribution Center: 850k+ SF hub opened in 2021 providing over 1,000+ New Jobs
Richmond, TX – Fort Bend County: #7 fastest growing county in the USA & #3 in Texas
Houston MSA: #5 most populous in USA w/ 7,500,000+ residents & robust economic development
Texas is an Income Tax Free State: Ideal for the out of state investor
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