Freestanding Drive-Thru
1780 22nd Ave. Kenosha, WI 53140
For Sale
Contact for pricing
Freestanding second-generation restaurant with existing drive-thru infrastructure and ample parking on a 22nd Avenue retail corridor.
Property Size3,004 SF
Price / SF$332.89
Days on Market117
Property Features for 1780 22nd Ave.
General Information
- Standard status
- Active
- Size
- 3,004 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing Agency:
EatZ & Associates
Listed By:
Ted Theodosiadis · License #475.130647
Source:
Crexi
Added: Mar 30
Changed: Jul 23
Last Checked: Jul 23 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EatZ & Associates
Investment Insights
Based on property information with market context.
Freestanding drive-thru restaurant offering a second-generation quick-service layout, built in 1999. The property is approximately 3,004 square feet and includes existing drive-thru infrastructure along with ample parking to support fast customer flow. The site has previously operated as a Burger King, providing an established restaurant configuration for a new operator.
The property is located on 22nd Avenue in Kenosha, within ZIP 53140, and sits along an active retail corridor.
Offered for sale, this freestanding restaurant provides a self-contained commercial site in a dense consumer trade area, with the drive-thru improvements and layout already in place.
The property is located on 22nd Avenue in Kenosha, within ZIP 53140, and sits along an active retail corridor.
Offered for sale, this freestanding restaurant provides a self-contained commercial site in a dense consumer trade area, with the drive-thru improvements and layout already in place.
Key Highlights
- Freestanding second‑generation restaurant built in 1999 with 3,004 SF of space.
- 0.87‑acre site with existing drive‑thru infrastructure for drive‑up service.
- Located along the active 22nd Avenue retail corridor for strong street frontage and access.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.1k | $18.00 |
| − Vacancy | −$3.1k | −$1.04 |
| EGI | $50.9k | $16.96 |
| − OpEx | −$12.7k | −$4.24 |
| NOI | $38.2k | $12.72 |
3,004 SF · lease $18.00/SF/yr · vacancy 5.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$545.7K
$477.5K – $636.7K
NOI $38,202 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.50M
$3.06M – $4.08M
NOI $244,814 @ 7.0% cap · market cap 24.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
What type of property is this?
Drive through restaurant - Freestanding second-generation restaurant with existing drive-thru infrastructure and ample parking on a 22nd Avenue retail corridor.
Where is this drive through restaurant located?
The property is located at 1780 22nd Ave. Kenosha, WI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Freestanding second‑generation restaurant built in 1999 with 3,004 SF of space.; 0.87‑acre site with existing drive‑thru infrastructure for drive‑up service.; Located along the active 22nd Avenue retail corridor for strong street frontage and access.
