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1631 E Jackson - Corporate-Backed NNN Investment #cw02-il 5,400 SF Specialty Building Offered at $3,375,000 in Macomb, IL 61455
Investment Highlights
- Corporate-Backed Income: NNN obligations guaranteed by Sparkle Express Car Wash, Inc.
- Bonus Depreciation: 100% accelerated depreciation available in year one
- Strategic Location: Premium frontage on Jackson St (~12,000 VPD) and adjacency to national retailers
- Pure Passive Income: Absolute NNN lease ensures zero landlord responsibilities
- Stable Growth: 2% annual rent increases provide predictable income appreciation
- Portfolio Option: Available individually or within a four-site portfolio across the Central Illinois Corridor
Executive Summary
Commercial Plus, LLC is pleased to offer the fee-simple interest in a stabilized express car wash property in Macomb, Illinois, secured by a 20-year absolute triple-net (NNN) lease with no landlord responsibilities and a corporate guarantee from the tenant. The lease provides predictable, growing cash flow (through contractual rent escalations) while shifting taxes, insurance, and maintenance costs to the tenant, delivering truly passive, credit-backed income. For investors, ownership also unlocks accelerated depreciation / cost-segregation potential (per buyer’s tax advisor), combining tax efficiency with durable, long-term security.
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 get in touch with the listing agent to request the full Offering Memorandum, detailed lease abstracts, and materials for this site and the remaining portfolio assets
PROPERTY & OPPORTUNITY SNAPSHOT
• Lot Size: 1.32 +/- AC
• Building Size: 5,400 +/- SF
• Frontage: 150 +/- FT along Jackson Street
• Traffic: 11,900 +/- VPD
• Lease: 20-year NNN lease through March 12, 2044
• Rent Growth: 2% annual increases
• Tenant: Sparkle Express Car Wash, Inc. (Corporate Guarantee)
• Depreciation Advantage: 100% bonus depreciation in Year 1 of ownership
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 get in touch with the listing agent to request the full Offering Memorandum, detailed lease abstracts, and materials for this site and the remaining portfolio assets
PROPERTY & OPPORTUNITY SNAPSHOT
• Lot Size: 1.32 +/- AC
• Building Size: 5,400 +/- SF
• Frontage: 150 +/- FT along Jackson Street
• Traffic: 11,900 +/- VPD
• Lease: 20-year NNN lease through March 12, 2044
• Rent Growth: 2% annual increases
• Tenant: Sparkle Express Car Wash, Inc. (Corporate Guarantee)
• Depreciation Advantage: 100% bonus depreciation in Year 1 of ownership
Property Facts
| Price | $3,375,000 | Building Class | B |
| Price Per SF | $625 | Building Size | 5,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2021 |
| Property Subtype | Car Wash | ||
| Zoning | NEC - NEC, Commercial | ||
| Price | $3,375,000 |
| Price Per SF | $625 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Building Size | 5,400 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Zoning | NEC - NEC, Commercial |
Amenities
- Air Conditioning
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Property Taxes
| Parcel Number | 11-301-165-30 | Improvements Assessment | $121,492 |
| Land Assessment | $24,663 | Total Assessment | $146,155 |
Property Taxes
Parcel Number
11-301-165-30
Land Assessment
$24,663
Improvements Assessment
$121,492
Total Assessment
$146,155
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1631 E Jackson - Corporate-Backed NNN Investment #cw02-il
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