2950 Fairfield Ln - Commercial LAND FOR SALE


Ottawa, IL 61350 47,045 SF
$3,375,000 USD
480-622-0050
2950 Fairfield Ln, Ottawa, IL for Sale
$3,375,000 USD
Commercial LAND - FOR SALE
1/3
47,045 SF

2950 Fairfield Ln
Ottawa, IL 61350


HIGHLIGHTS

  • Passive Income: 20-year absolute NNN lease with no landlord duties
  • Tax Benefits: Accelerated depreciation maximizes first-year tax efficiency
  • Corporate Credit: Backed by a strong regional operator with a corporate guarantee
  • Retail Density: Walmart, Starbucks, Aldi, and more anchor the corridor
  • Accessibility: Direct proximity to Interstate 80 provides regional connectivity
  • Portfolio Growth: Optional aggregation with additional sites for scale and diversification

OVERVIEW

Commercial Plus, LLC is pleased to present the opportunity to acquire the fee-simple interest in a stabilized express car wash property in Ottawa, Illinois. This 1.08-acre site offers 250 feet of prime frontage, excellent visibility, and convenient access with multiple ingress/egress points. The property is secured by a 20-year absolute triple-net (NNN) lease with no landlord responsibilities and backed by a corporate guarantee from Sparkle Express Car Wash, Inc., ensuring predictable, long-term cash flow. For investors, Ottawa combines credit-backed passive income with tax-efficient ownership, including the ability to utilize 100% bonus depreciation first year of ownership (per buyer’s tax advisor). The location benefits from strong retail co-tenancy, proximity to Interstate 80, and a resilient consumer base, making it a compelling play for investors seeking both stable income and long-term asset appreciation. Portfolio Note - This asset is one of four Central Illinois sites (Macomb, Morton, Ottawa, Peru) available individually or as a portfolio. A portfolio acquisition offers scale, geographic diversification, and a larger corporate-backed income stream across multiple markets. Next Steps - Please contact the listing agent to request the full Offering Memorandum, detailed lease abstracts, and materials for this site and the remaining portfolio assets KEY INVESTMENT DRIVERS • Corporate-Backed Income: NNN obligations guaranteed by Sparkle Express Car Wash, Inc. • Pure Passive Income: Absolute NNN lease ensures zero landlord responsibilities • Bonus Depreciation: 100% accelerated depreciation available in year one • Stable Growth: 2% annual rent increases provide predictable income appreciation • Long-Term Value: NNN income and premium appreciating infill real estate • Portfolio Option: Available individually or within a four-site portfolio across the Central Illinois Corridor

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/ACRE

$3,124,987/AC

PRICE/SF

$72 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Car Wash NNN Investment in Ottawa IL #cw02-il

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Car Wash

LAND ACRES

1.08 AC

LAND SF

47,045 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Commercial (Car Wash)

APN/PARCEL ID

14-36-369-000

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 Notice.

Alexander PavoneCommercial Plus GroupMore Info
480-622-0050

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