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