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NNN-Leased Car Wash

8310 North Allen Road, Peoria, IL 61615

For Sale
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The property includes a building and 1.03-acre site under a long-term lease with scheduled annual increases.

Property Size4,955 SF
Lot Size1.03 Acres
Price / SF$654.32
Days on Market32

Property Features for 8310 North Allen Road

General Information

Standard status Active
Size 4,955 SF
Lot size 1.03 Acres
Property subtype Special Purpose

Tenancy & Operations

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

Additional Details

Automotive Uses car wash

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 2:24PM

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 car wash property at 8310 North Allen Road in Peoria, Illinois, includes approximately 4,955 rentable square feet of building area on an estimated 1.03-acre parcel. Its lease is structured as a 20-year NNN agreement that began on 12/22/2020.

Annual rent increases are scheduled at the lesser of 2.0% or 1.25 times the change in the Price Index.

Key Highlights

  • 4,955 rentable square feet of building space on an estimated 1.03‑acre parcel
  • 20‑year NNN lease commenced 12/22/2020
  • 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 Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Locksmith

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby
156k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 78% Shops & Services 15% Electronics 4% Dining 3%
Walmart Superstores
121,672 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,368 visits/mo 0.3 miles
Bob Evans Restaurant Dining
5,316 visits/mo 0.4 miles
Verizon Electronics
3,794 visits/mo 0.4 miles
O'Brien Ford of Peoria Shops & Services
2,694 visits/mo 0.4 miles

Demographics for 61615, IL

24,314
Population
11,334
Households
2.1
Avg Household Size
38
Median Age
53%
College-Educated
98%
High-School Grad
29.6 sq mi
ZIP Area
821
Density / Sq Mi
$82,157
Median Household Income
$50,165
Median Earnings
$1,079
Median Rent
$206,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The property includes a building and 1.03-acre site under a long-term lease with scheduled annual increases.
Where is this car wash located?
The property is located at 8310 North Allen Road Peoria, IL.
What is the asking price?
The asking price for this property is $3,242,180.
What are key features of this property?
This property features: 4,955 rentable square feet of building space on an estimated 1.03‑acre parcel; 20‑year NNN lease commenced 12/22/2020; 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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