Express Car Wash NNN Real Estate Investment Opportunity

Express Car Wash NNN Real Estate Investment Opportunity

540 West Camp Street, East Peoria, IL 60611

HIGHLIGHTS
• Price: $5,600,000
• Lease Type: Absolute Triple-Net (NNN)
• Cap Rate: 6.5%
• Base Rent: $363,000 Annually
• Lease Term Remaining: 19.4 Years
• Renewal Options: Four 5-Year Options
• Rent Increases: 2% Annually
• Tenant: Rapidly Growing, Membership-Based Express Car Wash Operator

DESCRIPTION
Commercial Plus, LLC presents a real estate investment opportunity in East Peoria, Illinois. The 1.5-acre property features a 5,970-square-foot building, completed in 2019, designed for modern express car wash operations. Located in a high-traffic corridor along West Camp Street with 211 feet of frontage, the property is surrounded by major retailers such as Target, Aldi, and Costco, as well as prominent industrial employers like Caterpillar, Inc., which employs 12,000 people.

The tenant, Sparkle Express Car Wash, is a rapidly growing operator with more than 19 locations across Georgia, South Carolina, and Illinois. The area also boasts strong demographics, with a projected 2024 population of 113,934 within a five-mile radius, 48,132 households, and an average household income of $63,196. This combination of tenant stability, strategic location, and robust local demographics makes the property an attractive, long-term investment.

$5,600,000 | Click Here to Submit a Non-Disclosure Agreement

Leona Voltz | Commercial Plus, LLC
Illinois BR Lic. #471.007448

In Conjunction With

Alex Pavone | Commercial Plus, LLC
Arizona RE Lic. #SA662387000
Email | [email protected]

Office | 480.581.1000