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Peoria Times
BUSINESS
October 21, 2021
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Marcus & Millichap arranges the sale of Super Star Car Wash BY PEORIA TIMES STAFF Marcus & Millichap arranged the sale of Super Star Car Wash, a 4,619-square-foot netleased property in Peoria. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $6.75 million. Zack House, Waylan Heers, Mark Ruble and Chris Lind, investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The asset has a new 20-year absolute triple-net lease with excellent tenant financials and 10% rental increases every five years. Super Star Car Wash is located at 24970 N. 67th Avenue, Peoria. Adjacent to Terazza Center, a mixed-use development with retail, a senior living facility and Lifetime Fitness, the property is visible to more than 32,200 vehicles per day along North 67th Avenue. Super Star Car Wash is easily accessible to 173,691 residents within a 5-mile radius, where the average annual household income exceeds $143,000 in the immediate area.
Super Star Car Wash is located at 24970 N. 67th Avenue, Peoria. (Photo courtesy of Marcus & Millichap)
AmSpirit Business Connections meets Thursdays BY PEORIA TIMES STAFF The Peoria Power Partners Chapter of AmSpirit Business Connections meets from 8:15 to 9:15 a.m. Thursdays at Great American Title, 7055 W. Bell Road, Suite B13, Glendale. It is interested in identifying other professionals, business owners and sales professionals to become involved with the chapter. Prospective members are invited to attend two complimentary meetings before join-
ing and are encouraged to bring 30 business cards and to give a brief description of their business. Frank Agin, national director of AmSpirit Business Connections, is heading the expansion efforts of this program. “Entrepreneurs, professionals and sales representatives around the country have literally built their business through involvement with AmSpirit Business Connections. The Peoria Power Partners Chapter will provide
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the same opportunity for local business,” Agin said. AmSpirit Business Connections facilitates the philosophy of “main street” business. People refer business to individuals they know, like and trust. “We simply create an environment where individuals in separate professional categories get to know and trust one another,” Agin said. For additional information on, or how to participate in the Peoria Power Partners Chapter, contact Caitlin
Witte, membership chair, at 480589-1756, or visit amspirit.com/peoria-power-partners. For general information on AmSpirit Business Connections or any of its chapters around the country, contact Frank Agin at AmSpirit Business Connections’ National Headquarters at 1-888-267-7474, or visit the AmSpirit Business Connections website at amspirit.com.
Contact Christina Fuoco-Karasinski at 480-898-5631 or christina@timespublications.com
