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2950 Fairfield Ln - Car Wash NNN Investment in Ottawa IL #cw02-il 5,400 SF Specialty Building Offered at $3,375,000 in Ottawa, IL 61350
INVESTMENT HIGHLIGHTS
- Available individually or as part of a four-site portfolio across the Central Illinois Corridor, offering both scale and geographic diversification.
- Lease terms ensures zero landlord responsibilities, ensuring this as a stable revenue stream of purely passive income.
- Premium infill real estate offering significant long-term appreciation in an established commercial hub.
- Absolute NNN car wash investment offering a 20-year lease with corporate-backed income from Sparkle Express Car Wash Inc.
- Savvy investors will benefit from the asset's 100% accelerated depreciation ideally available in year one.
- Exceptional access to Interstate 80 provides swift connectivity to a valuable customer base from across the greater region.
EXECUTIVE SUMMARY
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.
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.
SALE FLYER
PROPERTY FACTS
| Price | $3,375,000 | Building Class | B |
| Price Per SF | $625 | Lot Size | 1.08 AC |
| Sale Type | Investment | Building Size | 5,400 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 2024 |
| 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 |
| Lot Size | 1.08 AC |
| Building Size | 5,400 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Zoning | NEC - NEC, Commercial |
1 1
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| Starbucks | Cafe | $ | 3 min walk |
| Culver's | - | - | 3 min walk |
| KFC | - | - | 5 min walk |
| Long John Silver's | Fast Food | - | 5 min walk |
| Dunkin' | Cafe | - | 6 min walk |
| Hardee's | - | - | 7 min walk |
| Subway | - | - | 12 min walk |
| Taco Bell | Fast Food | - | 13 min walk |
| Cracker Barrel Old Country Store | - | - | 14 min walk |
| Arby's | - | - | 15 min walk |
RETAIL |
||
|---|---|---|
| Verizon | Wireless Communications | 2 min walk |
| Midland States Bank | Bank | 2 min walk |
| Cost Cutters | Salon/Barber/Spa | 6 min walk |
| Anytime Fitness | Fitness | 6 min walk |
| Farmers Insurance | Insurance | 6 min walk |
| Kroger | Supermarket | 6 min walk |
| ALDI | Supermarket | 8 min walk |
| Hibbett Sports | Sporting Goods | 7 min walk |
| The UPS Store | Business/Copy/Postal Services | 7 min walk |
| Sherwin-Williams | Paint/Wallpaper | 7 min walk |
HOTELS |
|
|---|---|
| Quality Inn |
53 rooms
1 min drive
|
| Fairfield Inn |
84 rooms
1 min drive
|
| Super 8 |
52 rooms
1 min drive
|
| Holiday Inn Express |
82 rooms
2 min drive
|
| Hampton by Hilton |
66 rooms
2 min drive
|
| Comfort Inn |
69 rooms
2 min drive
|
| Outdoor Collection by Marriott Bonvoy - Upscale |
58 rooms
14 min drive
|
PROPERTY TAXES
| Parcel Number | 14-36-369000 | Improvements Assessment | $367,061 |
| Land Assessment | $96,658 | Total Assessment | $463,719 |
PROPERTY TAXES
Parcel Number
14-36-369000
Land Assessment
$96,658
Improvements Assessment
$367,061
Total Assessment
$463,719
SALE ADVISOR
SALE ADVISOR
Alexander Pavone, Partner
Alex Pavone joined Commercial Plus in 2015 and now serves as senior vice president of sales. Alex specializes in sale-leasebacks, mergers and acquisitions, and financial advisory services, with extensive experience in the car wash, fuel, and convenience store industries. A native of Chicago, Alex now resides in Scottsdale, Arizona with his wife and two daughters.
Commercial Plus, LLC: AZ Lic. #SA662387000; Commercial Plus, Inc.: CA Lic. #02024484.
Commercial Plus, LLC: AZ Lic. #SA662387000; Commercial Plus, Inc.: CA Lic. #02024484.
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2950 Fairfield Ln - Car Wash NNN Investment in Ottawa IL #cw02-il
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