540 W Camp St - Car Washes FOR SALE


East Peoria, IL 61611
$5,600,000 USD
480-622-0050
540 W Camp St, East Peoria, IL for Sale
$5,600,000 USD
Car Washes - FOR SALE
1/6
null | 6.5% Cap Rate

540 W Camp St
East Peoria, IL 61611


HIGHLIGHTS

  • 100% Passive Income with an Absolute NNN Lease – No landlord responsibilities!
  • Long-Term Stability with a corporate-guaranteed 20-year lease and four 5-year renewal options.
  • Rent Growth – Built-in 2% annual rental increases to hedge against inflation.
  • Prime Location in an established, high-traffic retail corridor with national co-tenants.
  • 211 FT of Frontage on West Camp Street – 17,400+ Daily Vehicle Exposure
  • Strong Industry Fundamentals – The express car wash sector is one of the fastest-growing

OVERVIEW

NNN Investment Opportunity – Sparkle Express Car Wash | Long-Term Lease | Passive Income Turnkey, Recession-Resistant Asset With a 20-Year NNN Lease & Corporate Guarantee! Commercial Plus, LLC is thrilled to present Sparkle Express Car Wash, a premiere, single-tenant NNN investment opportunity in East Peoria, Illinois. Located in the thriving Greater Peoria Metro, this investment benefits from strong economic growth in a top-ranked Midwest business market with an expanding industrial and retail sector. The booming car wash industry, coupled with the increasing adoption of membership-based express wash models, ensures recurring tenant revenue and long-term security. Additionally, the area boasts affluent and stable demographics, with 113,900+ residents, 48,100 households, and an average household income of $63,200 within a 5-mile radius, supporting strong consumer spending and business viability. This absolute triple-net (NNN) lease investment offers 100% passive income with zero landlord responsibilities, making it an ideal hands-free opportunity. The 20-year lease structure ensures predictable cash flow, with 2% annual rent increases and four renewal options for built-in appreciation. Backed by a corporate-guaranteed lease with strong financials, this investment is strategically positioned to maximize long-term stability and value.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$946 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

NNN Investment – Sparkle Express #cw24-il

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

01-01-29-405-010

ASK ABOUT THIS PROPERTY

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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