2950 Fairfield Ln - Car Washes FOR SALE


Ottawa, IL 61350
$3,375,000 USD
815-587-7781
2950 Fairfield Ln, Ottawa, IL for Sale
$3,375,000 USD
Car Washes - FOR SALE
1/18
null | Request Cap Rate

2950 Fairfield Ln
Ottawa, IL 61350


HIGHLIGHTS

  • Available individually or as part of a four-site portfolio across the Central Illinois Corridor, offering both scale and geographic diversification.
  • Absolute NNN car wash investment offering a 20-year lease with corporate-backed income from Sparkle Express Car Wash Inc.
  • Lease terms ensures zero landlord responsibilities, ensuring this as a stable revenue stream of purely passive income.
  • Savvy investors will benefit from the asset's 100% accelerated depreciation ideally available in year one.
  • Premium infill real estate offering significant long-term appreciation in an established commercial hub.
  • Exceptional access to Interstate 80 provides swift connectivity to a valuable customer base from across the greater region.

OVERVIEW

Commercial Plus LLC presents the opportunity to acquire a fee simple interest in a stabilized express car wash property at 2950 Fairfield Lane, Ottawa, Illinois, offering an attractive choice for investors seeking consistent passive income and asset appreciation. This 1.08-acre site features 250 feet of prime frontage, high visibility, and easy access via multiple ingress/egress points. Secured by a 20-year absolute triple net (NNN) lease with no landlord responsibilities, the property is backed by a corporate guarantee from Sparkle Express Car Wash Inc., providing reliable, long-term cash flow. This rare offer combines credit-backed passive income and tax-efficient ownership, including 100% bonus depreciation in the first year (per buyer’s tax advisor). This investment sits within a dense retail area, benefiting from cross traffic with industry-leading brands such as Walmart Supercenter, Kroger, UPS, and Starbucks. In addition to serving the local commuter population, the property draws robust traveler interest from nearby major hotels. Its proximity to Interstate 80 enables a broad market reach, serving both commuter and commercial traffic. Within a 3-mile radius, the property is surrounded by an affluent demographic profile, with an average household income of over $96,000. In 2024, area residents generated more than $207 million in consumer spending, including $52 million on transportation and maintenance. Portfolio Note: This property is one of four Central Illinois sites (Macomb, Morton, Ottawa, Peru) available individually or as part of a portfolio. Portfolio acquisition offers scale, geographic diversification, and a larger corporate-backed income stream. Contact the listing agent for the Offering Memorandum, lease abstracts, and additional materials. Property tours are by appointment only. Please contact Commercial Plus Group today to schedule a tour or learn more about this incredible opportunity.

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Car Wash NNN Investment in Ottawa IL #cw02-il

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

NEC

APN/PARCEL ID

14-36-369000

ASK ABOUT THIS PROPERTY

Alexander PavoneCommercial Plus GroupMore Info
815-587-7781

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Alexander PavoneCommercial Plus GroupMore Info
815-587-7781

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