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Restaurant Property W/ Drive Thru Option 2423 N Kossow Rd 4,864 SF Retail Building Waukesha, WI 53186 $2,442,860 CAD ($502.23 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Premier Goerke’s Corners Location – High-profile site at Waukesha’s busiest interchange with direct access to I-94, Bluemound Road, and Moreland Boule
  • Freestanding ±4,864 SF Building – Built in 2007 with durable masonry construction and efficient layout for food service or retail.
  • Affluent Demographics – More than 120,000 residents within a 5-mile radius with household incomes averaging above $100,000.
  • Strong Retail Synergy – Adjacent to Target, Menards, CarMax, and Blain’s Farm & Fleet, with additional nearby anchors such as Sam’s Club, Home Depot
  • Adaptable Drive-Thru Potential – Originally designed as a Steak n’ Shake, the property can easily be configured for QSR or hybrid service concepts.
  • High Traffic Exposure – Over 35,000 vehicles per day pass the site, maximizing brand visibility and customer reach.

EXECUTIVE SUMMARY

Proano Commercial Group presents 2423 Kossow Road in Waukesha, a prime owner-operated restaurant property currently home to Casa Tequila. Built in 2007 and spanning ±4,864 square feet on ±1.85 acres, the site features a spacious dining room, full bar, commercial kitchen, expansive outdoor seating patio, and drive-thru capability from its original design as a Steak n’ Shake, with 63 dedicated parking spaces. Positioned at the Goerke’s Corners interchange with direct access to I-94, Bluemound Road, and Moreland Boulevard, the property offers outstanding visibility with traffic counts exceeding 35,000 vehicles per day. Surrounded by powerhouse national retailers and service providers including Target, Menards, CarMax, Blain’s Farm & Fleet, Sam’s Club, The Home Depot, Duluth Trading Company, and Chase Bank, along with popular dining, financial institutions, and nearby Brookfield Corners anchored by Von Maur, this site is firmly established in one of Waukesha County’s busiest commercial corridors. An exceptional opportunity for investors, restaurateurs, or operators seeking a high-traffic, high-profile location.
The property at 2423 Kossow Road sits in the center of a thriving retail and commercial hub with direct visibility and immediate access to I-94, Bluemound Road, and Moreland Boulevard. This prime location benefits from extremely high traffic counts and seamless connectivity to the greater Milwaukee–Waukesha market. Surrounding the site is a strong lineup of national retailers, restaurants, and service providers that drive steady customer traffic throughout the day. Directly adjacent are Menards, Target, CarMax, and Blain’s Farm & Fleet, all of which act as significant traffic magnets for the area. Within the same commercial corridor are Sam’s Club, The Home Depot, and Duluth Trading Company, reinforcing the corridor as a dominant shopping destination. Popular dining establishments such as Texas Roadhouse, Meiji Cuisine, Toppers Pizza, and Taco Bell provide additional customer draws, while family entertainment at Urban Air Trampoline and Adventure Park adds to the mix of traffic generators. Essential services such as Chase Bank, Wells Fargo, and multiple fitness and wellness operators further diversify the area and ensure consistent weekday and weekend visitation. Hotels located just across Bluemound Road add another layer of regional traffic from travelers and business guests. With its immediate proximity to the highway interchange and surrounded by a powerhouse roster of retailers, restaurants, and service businesses, this property offers unmatched exposure and access in one of Waukesha County’s busiest trade areas.
Premier Goerke’s Corners Location – High-profile site at Waukesha’s busiest interchange with direct access to I-94, Bluemound Road, and Moreland Boulevard.
Strong Retail Synergy – Adjacent to Target, Menards, CarMax, and Blain’s Farm & Fleet, with additional nearby anchors such as Sam’s Club, The Home Depot, and Duluth Trading Company.
Proven Restaurant Site – Currently operating as Casa Tequila, with a successful history of full-service dining in a high-traffic corridor.
Freestanding ±4,864 SF Building – Built in 2007 with durable masonry construction and efficient layout for food service or retail.
Adaptable Drive-Thru Potential – Originally designed as a Steak n’ Shake, the property can easily be configured for QSR or hybrid service concepts.
Generous Parking Capacity – 63 surface spaces with a ratio of over 10 spaces per 1,000 SF, ideal for high-volume operators.
Outdoor Dining Advantage – Expansive patio seating enhances customer experience and adds value in today’s dining market.
High Traffic Exposure – Over 35,000 vehicles per day pass the site, maximizing brand visibility and customer reach.
Affluent Demographics – More than 120,000 residents within a 5-mile radius with household incomes averaging above $100,000.
Surrounded by Lifestyle Drivers – Near Brookfield Corners Shopping Center, Von Maur, financial institutions, fitness centers, hotels, and entertainment venues, ensuring steady weekday and weekend activity.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
Sale Leaseback
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,864 SF
Building Class
B
Year Built
2007
Price
$2,442,860 CAD
Price Per SF
$502.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.85 AC
Zoning
B5
Parking
63 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
146’ on Kossow Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Casa Tequila Waukesha, LLC
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Casa Tequila Waukesha, LLC Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,864 SF
  • Restaurant
  • Outparcel
  • 90 Days

For Lease – 2423 Kossow Road, Waukesha – Proano Commercial Group presents a ±4,864 SF freestanding building on ±1.87 acres at the Goerke’s Corners interchange, Waukesha’s busiest commercial hub with direct access to I-94, Bluemound Road, and Moreland Boulevard. Built in 2007 and currently operating as Casa Tequila, the property features a spacious dining area, full bar, commercial kitchen, expansive outdoor patio, and drive-thru potential from its original design as a Steak n’ Shake, supported by 63 on-site parking spaces and prominent signage. Surrounded by top national anchors including Target, Menards, CarMax, Blain’s Farm & Fleet, Sam’s Club, and The Home Depot, as well as nearby Brookfield Corners anchored by Von Maur, the site offers exceptional visibility, traffic counts exceeding 35,000 vehicles per day, and strong demographics with 120,000+ residents and six-figure average household incomes within five miles. Ideal for restaurant, quick-service, or retail operators seeking a proven high-traffic location. The property at 2423 Kossow Road sits in the center of a thriving retail and commercial hub with direct visibility and immediate access to I-94, Bluemound Road, and Moreland Boulevard. This prime location benefits from extremely high traffic counts and seamless connectivity to the greater Milwaukee–Waukesha market. Surrounding the site is a strong lineup of national retailers, restaurants, and service providers that drive steady customer traffic throughout the day. Directly adjacent are Menards, Target, CarMax, and Blain’s Farm & Fleet, all of which act as significant traffic magnets for the area. Within the same commercial corridor are Sam’s Club, The Home Depot, and Duluth Trading Company, reinforcing the corridor as a dominant shopping destination. Popular dining establishments such as Texas Roadhouse, Meiji Cuisine, Toppers Pizza, and Taco Bell provide additional customer draws, while family entertainment at Urban Air Trampoline and Adventure Park adds to the mix of traffic generators. Essential services such as Chase Bank, Wells Fargo, and multiple fitness and wellness operators further diversify the area and ensure consistent weekday and weekend visitation. Hotels located just across Bluemound Road add another layer of regional traffic from travelers and business guests. With its immediate proximity to the highway interchange and surrounded by a powerhouse roster of retailers, restaurants, and service businesses, this property offers unmatched exposure and access in one of Waukesha County’s busiest trade areas.

Space Size Space Use Position Available
1st Floor 4,864 SF Restaurant Outparcel 90 Days

1st Floor

Size
4,864 SF
Space Use
Restaurant
Position
Outparcel
Available
90 Days

1st Floor

Size 4,864 SF
Space Use Restaurant
Position Outparcel
Available 90 Days

For Lease – 2423 Kossow Road, Waukesha – Proano Commercial Group presents a ±4,864 SF freestanding building on ±1.87 acres at the Goerke’s Corners interchange, Waukesha’s busiest commercial hub with direct access to I-94, Bluemound Road, and Moreland Boulevard. Built in 2007 and currently operating as Casa Tequila, the property features a spacious dining area, full bar, commercial kitchen, expansive outdoor patio, and drive-thru potential from its original design as a Steak n’ Shake, supported by 63 on-site parking spaces and prominent signage. Surrounded by top national anchors including Target, Menards, CarMax, Blain’s Farm & Fleet, Sam’s Club, and The Home Depot, as well as nearby Brookfield Corners anchored by Von Maur, the site offers exceptional visibility, traffic counts exceeding 35,000 vehicles per day, and strong demographics with 120,000+ residents and six-figure average household incomes within five miles. Ideal for restaurant, quick-service, or retail operators seeking a proven high-traffic location. The property at 2423 Kossow Road sits in the center of a thriving retail and commercial hub with direct visibility and immediate access to I-94, Bluemound Road, and Moreland Boulevard. This prime location benefits from extremely high traffic counts and seamless connectivity to the greater Milwaukee–Waukesha market. Surrounding the site is a strong lineup of national retailers, restaurants, and service providers that drive steady customer traffic throughout the day. Directly adjacent are Menards, Target, CarMax, and Blain’s Farm & Fleet, all of which act as significant traffic magnets for the area. Within the same commercial corridor are Sam’s Club, The Home Depot, and Duluth Trading Company, reinforcing the corridor as a dominant shopping destination. Popular dining establishments such as Texas Roadhouse, Meiji Cuisine, Toppers Pizza, and Taco Bell provide additional customer draws, while family entertainment at Urban Air Trampoline and Adventure Park adds to the mix of traffic generators. Essential services such as Chase Bank, Wells Fargo, and multiple fitness and wellness operators further diversify the area and ensure consistent weekday and weekend visitation. Hotels located just across Bluemound Road add another layer of regional traffic from travelers and business guests. With its immediate proximity to the highway interchange and surrounded by a powerhouse roster of retailers, restaurants, and service businesses, this property offers unmatched exposure and access in one of Waukesha County’s busiest trade areas.

NEARBY MAJOR RETAILERS

Starbucks
Chase Bank
Texas Roadhouse
StorageMart
[solidcore]
Anytime Fitness
PNC Bank
The Chocolate Factory
CycleBar
Sendik's Food Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
WAKC-1127-017
Land Assessment
$1,287,340 CAD
Improvements Assessment
$782,628 CAD
Total Assessment
$2,069,968 CAD
  • Listing ID: 37890231

  • Date on Market: 2025-09-30

  • Last Updated:

  • Address: 2423 N Kossow Rd, Waukesha, WI 53186

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