Sparkle Express Car Wash, Inc. NNN Property For Sale — Peru, IL
Not Disclosed, Peru, IL Not Disclosed
This investment-grade NNN property in Peru, IL features a stabilized express car wash operation with a long-term, corporate-backed lease. Situated on 0.82 acres with excellent visibility and accessibility to major roadways, the property benefits from strong retail density. The absolute triple-net lease ensures no landlord responsibilities and provides predictable, growing cash flow with contractual rent escalations. This offering combines tax efficiency with durable, long-term security, including potential for accelerated depreciation. This asset is available individually or as part of a four-site Central Illinois portfolio providing opportunities for scale and geographic diversification.
- Address: Not Disclosed, Peru, IL Not Disclosed
- Asking price $3.38M
- 6.50% cap rate
- NOI $220,000
- 17.5 years remaining
- NNN lease
- Year built: 2019
- Building size: 5,180 SF
- Lot size: 0.82 acres
- Lease expiration: Mar 12, 2044
- Rent increases: 2% annual increases
- Guarantor: Corporate
Location
This Sparkle Express Car Wash, Inc. property is at Not Disclosed in Peru, Illinois.
Asset type: Car Wash