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Express Car Wash - Real Estate Investment - East Peoria, Illinois

$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

East Peoria Express Car Wash - Real Estate Investment Business For Sale
Express Car Wash - Real Estate Investment Company For Sale

Details

  1. Asking Price: $5,600,000

  2. Land Area 65,340 Sq.Ft

  1. Zoning:    Code: M-2Parcel Use: IndustrialLand Use Code: Retail Stores (Personal Services, Etc.)

Building Info

  1. Building Size: 5,970 Sq.Ft

  2. Typical Floor Size 5,970 Sq.Ft

  3. Building Height: N/A1 Floors

  1. Building Type: Express car wash

  1. Parking: Designated Customer Parking, Well-Maintained Surface, Security Cameras and Lighting

  1. Year Built: 2019

  2. 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.

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Contact

  1. Name: Alex Pavone
  2. phone iconPhone: 480-581-1000 Call
  3. phone iconPhone: --

  1. Attributes:

    Broker CooperationAbsentee RunReal Estate Included

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