Freestanding Drive-Thru
For Sale
Contact for pricing
1780 22nd Ave., Kenosha, WI 53140
Freestanding second-generation restaurant with existing drive-thru infrastructure and ample parking on a 22nd Avenue retail corridor.
Property Size3,004 SF
Price / SF$299.57
Days on Market207
Property Features for 1780 22nd Ave.
General Information
Standard status
Active
Size
3,004 SF
Property subtype
Retail
Zoning
B-2 Community Business
Investment Type
Owner/User
Building Details
Year Built
1999
Year Renovated
1999
Buildings
1
Stories
1
Listing Agency:
EatZ & Associates
Listed By:
Ted Theodosiadis · License #475.130647
Source:
Crexi
Added: Mar 30
Changed: Oct 16
Last Checked: Oct 20 at 8:31PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$38,202
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,040
$764.0K
Cap Rate 7%
$545,743
$545.7K
Cap Rate 9%
$424,467
$424.5K
Market Conditions
NOI Build-Up for 3,004 SF
Gross rent
$54.1K $18.00/SF
− Vacancy
−$3.1K −$1.04/SF
EGI
$50.9K $16.96/SF
− OpEx
−$12.7K −$4.24/SF
NOI
$38.2K $12.72/SF
Area
Kenosha County, WI
Vacancy
5.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$764,040
Cap Rate 7%
$545,743
Cap Rate 9%
$424,467
Alternative Uses
Best Use
Specialty Retail
$545.7K
$477.5K – $636.7K
NOI $38,202 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.50M
$3.06M – $4.08M
NOI $244,814 @ 7.0% cap · market cap 27.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 33%
Home Improvements & Furnishings 11%
Beauty & Spa 6%
Taco Bell
Dining
6,148 visits/mo
0.4 miles
Dollar General
Shops & Services
5,244 visits/mo
0.3 miles
JC Licht Ace
Home Improvements & Furnishings
3,043 visits/mo
0.0 miles
Family Dollar
Shops & Services
2,963 visits/mo
0.4 miles
AutoZone
Shops & Services
2,491 visits/mo
0.5 miles
Demographics for 53140, WI
30,571
Population
14,065
Households
2.2
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
3,870
Density / Sq Mi
$56,803
Median Household Income
$34,154
Median Earnings
$1,018
Median Rent
$191,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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 $899,900.
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.
