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East Peoria, Tazewell County, Illinois
Express Car Wash - Real Estate Investment
Property Description
Turnkey, Recession-Resistant Asset With a 20-Year NNN Lease & Corporate Guarantee!
Building Size: 5,970 SF | Lot Size: 1.5 AC
Traffic Count: 17,400+ Vehicles Per Day
Cap Rate: 6.5% | Lease Term: 20 Years (Expires 2044)
Tenant: Sparkle Express Car Wash – Rapidly Growing, Membership-Based Operator
Commercial Plus, LLC is thrilled to present Sparkle Express Car Wash, a premiere, single-tenant NNN investment opportunity in East Peoria, Illinois. The site is strategically positioned in a high-traffic retail and industrial corridor, just minutes from East Peoria’s downtown and riverfront areas.
Absolute Triple-Net Lease! The opportunity offers zero landlord responsibilities with a 20-year absolute NNN lease structure, ensuring predictable cash flow with 2% annual rental increases for built-in appreciation.
· 100% Passive Income – No Expenses or Maintenance
· Corporate-Backed Lease & Strong Financials
· 2% Annual Rent Increases + 4 Renewal Options
· Strategic Location Surrounded by Major Retailers & Key Employers
MARKET & LOCATION ADVANTAGES – EAST PEORIA, IL
· Strong Economic Growth – Part of the Greater Peoria Metro, a top-ranked Midwest business market with a growing industrial and retail sector
· Thriving Car Wash Market & Expanding Membership Base – Increasing adoption of membership-based express car wash models in the Midwest ensures recurring tenant revenue and security
· Affluent & Stable Demographics – Strong Consumer Spending Power
o 5-Mile Population: 113.9k+ Residents
o 5-Mile Households: 48.1k
o 5-Mile Avg Household Income: $63,200
Why This NNN Investment is a Smart Choice
1/2" Recession-Resistant Asset – Express Car Wash Industry is Booming
1/2" Hands-Free Passive Income – No Landlord Maintenance or CapEx
1/2" Corporate-Backed Lease – Guaranteed Cash Flow Stability
1/2" Built-In Rent Growth – 2% Annual Increases Protect Against Inflation
1/2" Long-Term Security – 20-Year Lease with Renewal Options
Own a premium NNN car wash investment with corporate-backed stability and built-in rent growth!
INVESTMENT HIGHLIGHTS - WHY THIS NNN ASSET STANDS OUT
· Absolute Triple-Net Lease – Zero Landlord Responsibilities
o 20-Year Lease Term (Expires March 2044) with Four 5-Year Renewal Options
o Reliable Tenant – Sparkle Express Car Wash with 22+ locations nationwide
o Corporate Guarantee – Backed by Firmament, a New York-based PE firm specializing in high-growth businesses
· Prime Retail Corridor with Exceptional Visibility
o 211 FT of Frontage on West Camp Street – 17,400+ Daily Vehicle Exposure
o Proximity To Leading National Retailers – Target, Aldi, Costco, Walmart, & more
o Proximity to Caterpillar HQ – A major employer in the area with 12,000+ employees
· High-Quality Build & Modern Express Car Wash Facility
o Expansive 1.5 AC Parcel – Designed for optimized customer flow
o Built in 2019 – 150 FT Express Tunnel + 20 self-serve vacuum stalls
o Two Pay Lanes with Hamilton POS – Optimized for High Customer Flow
Leona Voltz | Commercial Plus, LLC
Illinois BR Lic. #471.007448
In Conjunction With
Alex Pavone | Commercial Plus, LLC
Arizona RE Lic. #SA662387000
Property Information
Building Size (Total):
5,970 sqft
Year Built:
2,019
Zoning:
Code: M-2Parcel Use: IndustrialLand Use Code: Retail Stores (Personal Services, Etc.)
Posting Information
Posting ID:
289446
Business Category:
Automotive & Vehicle, Service
Business Types:
Car Washes, Detailers
Keywords:
East Peoria
tazewell county
illionois
car wash
Attributes:
Absentee Run
Broker Cooperation
Real Estate Included
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Express Car Wash - Real Estate Investment
Posting ID
#289446
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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