$5,600,000
Asking Price
Address: 540 West Camp Street, East Peoria, 61611.
Locations Available: East Peoria: IL
Status: Active
Posting ID: 289446
2/6/25
Details
Asking Price: $5,600,000
Land Area 65,340 Sq.Ft
Zoning: Code: M-2Parcel Use: IndustrialLand Use Code: Retail Stores (Personal Services, Etc.)
Building Info
Building Size: 5,970 Sq.Ft
Typical Floor Size 5,970 Sq.Ft
Building Height: N/A1 Floors
Building Type: Express car wash
Parking: Designated Customer Parking, Well-Maintained Surface, Security Cameras and Lighting
Year Built: 2019
Year Renovated: N/A
Description
NNN Investment Opportunity – Sparkle Express Car Wash | Long-Term Lease | Passive Income
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
�" Recession-Resistant Asset – Express Car Wash Industry is Booming
�" Hands-Free Passive Income – No Landlord Maintenance or CapEx
�" Corporate-Backed Lease – Guaranteed Cash Flow Stability
�" Built-In Rent Growth – 2% Annual Increases Protect Against Inflation
�" 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
To get more information about this Express Car Wash - Real Estate Investment business for sale in East Peoria please phone Alex Pavone - BRE License #:SA662387000 at 480-581-1000 Call and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289446 on BizBen.com. In addition to phoning Alex Pavone, make sure you email Alex Pavone above to get more info about this Express Car Wash - Real Estate Investment, to ask any questions or request an appointment to see this business for sale. Thank you. Commercial Plus Group.
Contact
Phone: 480-581-1000 CallPhone: -- Attributes:
My Notes About This Listing
Bldg Size
5,970 Sq.Ft
Typical Floor Size
5,970 Sq.Ft
Year Built
2019
Posting: 289446 | Available | 2/6/25
Available for sale is the opportunity to acquire a real estate investment opportunity in East Peoria, IL. The 1.5-ac property features a 5,970-sf building designed for modern express car wash operations. Absolute triple-net (NNN) lease in place for 19.4 years with four 5-year options.
Asking Price
$5,600,000
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