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920 Washington Ave 2,420 SF of Retail Space Available in Racine, WI 53403
Sublease Highlights
- Fully built-out quick-service restaurant with existing kitchen infrastructure.
- Positioned along Washington Avenue, a primary east-west retail corridor with strong traffic counts.
- 23 surface parking stalls providing easy access for dine-in and takeout customers.
- Highly desirable drive-thru already in place for efficient customer service.
- Sublease option available through 2040 with potential flexible term extensions.
- Located within a dense commercial and residential area with strong daytime demographics.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,420 SF | Mar 2040 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Lease Rate: Contact Broker Long-Term Sublease - Sublease available through 2040, with addition term options available
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Drive Thru
- Turnkey Opportunity
- Drive-Thru Location
- High Visibility Corridor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,420 SF | Gross Leasable Area | 2,420 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Fast Food | Parking Ratio | 9.5/1,000 SF |
| Total Space Available | 2,420 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,420 SF |
| Year Built | 1982 |
| Parking Ratio | 9.5/1,000 SF |
About the Property
This turnkey 2,420 SF restaurant property is available for sublease at 920 Washington Avenue in Racine, Wisconsin. The space is fully built out as a quick-service restaurant and includes existing kitchen infrastructure, making it ideal for immediate occupancy. Designed for efficiency, the property features a highly desirable drive-thru lane already in place, catering to strong customer demand for convenience and speed. The building sits on approximately 0.582 acres with 23 dedicated surface parking stalls, ensuring ample access for dine-in and takeout traffic. Located along Washington Avenue, a major east-west retail corridor in Racine, this site offers excellent visibility and signage opportunities to capture consistent daily traffic counts. National and regional QSR users will appreciate the property’s adaptability and prime placement within a dense commercial and residential area. The sublease runs through March 31, 2040, with potential options for extended terms, providing flexibility for long-term business plans. Positioned in close proximity to surrounding neighborhoods, schools, and retail co-tenants, this location offers strong demographics and a growing consumer base. It presents an outstanding opportunity for operators looking to penetrate or expand within the Racine market with minimal upfront build-out costs.
- Pylon Sign
- Drive Thru
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920 Washington Ave
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