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540 W Camp St - NNN Investment – Sparkle Express #cw24-il 5,920 SF Specialty Building Offered at $7,742,000 CAD at a 6.50% Cap Rate in East Peoria, IL 61611
INVESTMENT HIGHLIGHTS
- 100% Passive Income with an Absolute NNN Lease – No landlord responsibilities!
- Rent Growth – Built-in 2% annual rental increases to hedge against inflation.
- 211 FT of Frontage on West Camp Street – 17,400+ Daily Vehicle Exposure
- Long-Term Stability with a corporate-guaranteed 20-year lease and four 5-year renewal options.
- Prime Location in an established, high-traffic retail corridor with national co-tenants.
- Strong Industry Fundamentals – The express car wash sector is one of the fastest-growing
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price | $7,742,000 CAD | Property Subtype | Car Wash |
| Price Per SF | $1,307.77 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.55 AC |
| Cap Rate | 6.50% | Building Size | 5,920 SF |
| Sale Condition | Ground Lease (Leased Fee) | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Price | $7,742,000 CAD |
| Price Per SF | $1,307.77 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Sale Condition | Ground Lease (Leased Fee) |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 5,920 SF |
| No. Stories | 1 |
| Year Built | 2019 |
AMENITIES
- Signage
- Plus 15
PROPERTY TAXES
| Parcel Number | 01-01-29-405-010 | Improvements Assessment | $196,700 CAD |
| Land Assessment | $147,487 CAD | Total Assessment | $344,187 CAD |
PROPERTY TAXES
Parcel Number
01-01-29-405-010
Land Assessment
$147,487 CAD
Improvements Assessment
$196,700 CAD
Total Assessment
$344,187 CAD
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540 W Camp St - NNN Investment – Sparkle Express #cw24-il
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