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Rainstorm Express Car Wash

3101 Hedley Road, Springfield, IL 62704

For Sale
Contact for pricing

A 20-year NNN lease commenced in December 2020.

Property Size3,265 SF
Lot Size0.96 Acres
Price / SF$1,158
Days on Market33

Property Features for 3101 Hedley Road

General Information

Standard status Active
Size 3,265 SF
Lot size 0.96 Acres
Property subtype Special Purpose

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Rainstorm Express Car Wash
Real Estate Included Yes

Additional Details

Automotive Uses car wash
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

The Rainstorm Express car wash occupies a 3,265-square-foot building on an approximately 0.96-acre parcel. The property is subject to a 20-year NNN lease that commenced December 22, 2020. Scheduled annual rent increases are the lesser of 2.0% or 1.25 times the change in the Price Index.

Key Highlights

  • 3,265‑square‑foot building on an approximately 0.96‑acre parcel
  • 20‑year NNN lease commenced 12/22/2020
  • Scheduled annual increases are the lesser of 2.0% or 1.25 times the change in the Price Index

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Rainstorm Car Wash Car Wash

Suggested Use

Top Pick Barber Shop Plumbing Service HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 62704, IL

39,157
Population
20,706
Households
1.9
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,210
Density / Sq Mi
$66,352
Median Household Income
$44,793
Median Earnings
$924
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Car wash - A 20-year NNN lease commenced in December 2020.
Where is this car wash located?
The property is located at 3101 Hedley Road Springfield, IL.
What is the asking price?
The asking price for this property is $3,781,054.
What are key features of this property?
This property features: 3,265‑square‑foot building on an approximately 0.96‑acre parcel; 20‑year NNN lease commenced 12/22/2020; Scheduled annual increases are the lesser of 2.0% or 1.25 times the change in the Price Index
(332) 345-4222 Call to check price and availability
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