Fee-Simple NNN Investment Property in Peru, Illinois

Fee-Simple NNN Investment Property in Peru, Illinois

4234 Mahoney Drive, Peru, IL 61354

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 Peru, Illinois. Positioned on 0.82 acres with direct visibility to Highway 251 and immediate access to Interstate 80, the property combines prime frontage, regional accessibility, and retail density. 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 (contractual rent escalations) while shifting taxes, insurance, and maintenance 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 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: 0.82 +/- AC
• Building Size: 5,180 SF
• Frontage: 85 +/- FT (Mahoney Drive)
• Traffic: 8,000+ VPD (18,000+ VPD along the Hwy 251 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
• Commercial Hub: Part of the Peru Mall and LaSalle County’s regional shopping destination
• Accessibility: Exposure to Highway 251 and direct access to I-80, supporting commuter and regional traffic
• 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