Fee-Simple NNN Investment Opportunity in Ottawa, Illinois

Fee-Simple NNN Investment Opportunity in Ottawa, Illinois

2950 Fairfield Lane, Ottawa, IL 61350

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

Commercial Plus, LLC is pleased to offer the fee-simple interest in a stabilized express car wash property in Ottawa, Illinois. Situated on 1.08 acres with 250 feet of frontage, the site benefits from strong visibility, multiple ingress/egress points, and proximity to Interstate 80. The property is secured by a 20-year absolute triple-net (NNN) lease with no landlord responsibilities and a corporate guarantee from the tenant. The lease provides predictable, growing cash flow (through contractual rent escalations) while shifting taxes, insurance, and maintenance costs to the tenant, delivering truly passive, credit-backed income. For investors, ownership also unlocks accelerated depreciation / cost-segregation potential (as advised by the buyer’s tax advisor), combining tax efficiency with durable, long-term security.

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 get in touch with 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: 1.08 +/- AC
• Building Size: 5,400 SF
• Frontage: 250 +/- FT (Etna Road)
• Traffic: 8,000+ VPD (21,600+ VPD along the Columbus Street corridor)
• Lease: 20-year NNN (through March 2044)
• Rent Growth 2% annual increases
• Tenant: Sparkle Express 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 Density: Walmart, Starbucks, Aldi, and more anchor the corridor
• Accessibility: Direct proximity to Interstate 80 provides regional connectivity
• 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
• Long-Term Value: NNN income and premium appreciating infill real estate
• 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