Corporate-Backed NNN Car Wash Investment Property in Morton, IL

Corporate-Backed NNN Car Wash Investment Property in Morton, IL

1821 N Morton Ave, Morton, IL 61550

Fee-Simple Real Estate | 100% Bonus Depreciation | Corporate-Guaranteed NNN Lease

Commercial Plus, LLC is pleased to present the opportunity to acquire the fee-simple interest in a stabilized express car wash in Morton, Illinois. This 0.91-acre site sits at a signalized hard corner with 125 feet of frontage along Morton Avenue, offering premium visibility and access to over 20,500 vehicles per day. The property is secured by a 20-year absolute triple-net (NNN) lease, guaranteed at the corporate level by Sparkle Express Car Wash, Inc., providing institutional-grade stability and passive income

For investors, Morton combines secure rent with hands-off ownership, reliable escalations, and powerful tax efficiency. With 100% bonus depreciation in the first year of ownership (per buyer’s tax advisor), investors can front-load tax savings while collecting predictable rent growth through 2% annual escalations.

Portfolio Note – This asset is one of four Central Illinois sites (Macomb, Morton, Ottawa, Peru) available individually or as a portfolio. A portfolio acquisition offers scale, geographic diversification, and a larger corporate-backed income stream across multiple markets.

Next Steps – Please contact the listing agent to request the full Offering Memorandum, detailed lease abstracts, and materials for this site and the remaining portfolio assets

PROPERTY & OPPORTUNITY SNAPSHOT

• Lot Size: 0.91 +/- AC
• Building Size: 3,600 +/- SF
• Frontage: 125 +/- FT along Morton Avenue
• Traffic: 20,500 +/- VPD
• Lease: 20-year NNN lease through March 12, 2044
• Rent Growth: 2% annual increases
• Tenant: Sparkle Express Car Wash, Inc. (Corporate Guarantee)
• Depreciation Advantage: 100% bonus depreciation in year one of ownership

INVESTOR HIGHLIGHTS

• Passive Income: 20-year absolute NNN lease with no landlord duties
• Tax Benefits: Accelerated depreciation maximizes first-year tax efficiency
• Corporate Credit: Backed by a strong regional operator with a corporate guarantee
• Retail Adjacency: Anchored by Walmart Supercenter, Starbucks, and other national brands
• Accessibility: Minutes from I-74, enhancing commuter and regional exposure
• Portfolio Growth: Optional aggregation with additional sites for scale and diversification

KEY INVESTMENT DRIVERS

• Corporate-Backed Income: NNN obligations guaranteed by Sparkle Express Car Wash, Inc.
• Pure Passive Income: Absolute NNN lease ensures zero landlord responsibilities
• Bonus Depreciation: 100% accelerated depreciation available in year one
• Stable Growth: 2% annual rent increases provide predictable income appreciation
• Strategic Location: Premium frontage at signalized hard corner of Morton Ave (~20,500 VPD)
• Portfolio Option: Available individually or within a four-site portfolio across the Central Illinois Corridor

$3,375,000 | Click Here to Submit a Non-Disclosure Agreement

Alexander Pavone
AZ RE Agent Lic. #SA662387000
Email | [email protected]
Phone | (480) 581-1000