8310 Allen RdPeoria, IL 61615

This exceptional investment opportunity presents a fee-simple ownership (land and building) of a 4,664 square foot True Blue Car Wash in Peoria, IL. Located at 8310 N Allen Rd (APN 14-06-402-001), this property boasts a 5.50% cap rate and a strong NOI of $196,050. The property sits on a 1.03-acre lot zoned I1 - Industrial/Business Park and was built in 2014. Currently operating at 100% occupancy, the absolute NNN lease with Circle K (corporate guarantee) provides zero landlord responsibilities. The lease features annual rental increases and four 5-year options to extend, ensuring consistent income growth. The car wash benefits from a prime location on a signalized, hard-corner intersection in a dense retail corridor, near major retailers like Northwoods Mall, Walmart, and Menard's. The 5-mile trade area boasts a population exceeding 80,000 residents and 46,616 employees, with an average household income of $108,369. This presents a compelling investment opportunity with significant upside potential. The asking price is $3,565,000.