New Oil Change & Car Wash for Lease

Investment Overview

Easy Leasebacks and SVN Silveri Co are offering this attractive investment property with a fresh 15 Year, Absolute Triple Net Corporate Lease to Clean and Lube Incorporated. There are annual rent increases of 1.5% during the base 15 years and the two-15-year renewal option periods. This well-located and busy car wash is completely renovated and features a new Castrol Premium Lube Express Oil Change as well as an automatic carwash and a self-service carwash. This is a corporate lease with Clean and Lube Incorporated. Teaming with brand favorite Castrol Oil, Clean and Lube Inc. is a growing company that owns and operates 15 Castrol Clean and Lube locations and 3 Clean Car Wash locations, all in Illinois and Ohio. This NNN leased property located only offers a solid, affordable real estate investment that is leased long term by an essential, recession-resistant and Covid-resistant business tenant. This location is between Walgreen’s, ALDI’s and Walmart, with over 115,000 people living within a 5-mile radius. Co-listed with IL Broker of Record Alex Ruggieri / SVN North Star.

Investment Highlights

• Absolute NNN 15 Year Lease.
• Retail Cluster
• Fully Renovated