2805 Empire StBloomington, IL 61704

This exceptional investment opportunity presents a fee-simple ownership of a 3,323 square foot True Blue Car Wash in Bloomington, IL. Located on a one-acre lot at 2805 E Empire St (APN 21-01-202-001), this property boasts a 5.75% cap rate and a substantial net operating income (NOI) of $235,259. Built in 2014, the car wash benefits from an absolute NNN lease with a corporate guarantee from Circle K, ensuring minimal landlord responsibilities. The lease features 100% occupancy and includes annual rental increases throughout the initial seven-year term and four subsequent five-year option periods, providing excellent inflation protection. The property includes 22 parking spaces and is situated in a high-traffic area near major retail thoroughfares and shopping centers, including Eastland Mall and Empire Shopping Center, which house numerous national retailers. The strong demographics of the area, with a population exceeding 124,500 within a five-mile radius and an average household income over $116,359 within three miles, further enhance the investment potential. This prime location, coupled with the secure lease terms and strong tenant, makes this a compelling investment opportunity. The property is zoned for commercial use.