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.