540 W Camp St - Car Washes FOR SALE


East Peoria, IL 61611
$5,600,000 USD
480-391-8800
540 W Camp St, East Peoria, IL for Sale
$5,600,000 USD
Car Washes - FOR SALE
1/9
null | Request Cap Rate

540 W Camp St
East Peoria, IL 61611


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$946 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Splish Splash Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.55 AC

LAND SF

67,440 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Leona VoltzCommercial Plus GroupMore Info
480-391-8800

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Leona VoltzCommercial Plus GroupMore Info
480-391-8800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.