Sterling Lincoln Center | Sterling, IL

For Sale

Sterling Lincoln Center | Sterling, IL

Asking Price: $2,680,000 | Cap Rate: 8.85%

• Net Operating Income: $237,163
• Weighted Avg. Lease Term (WALT): 3.57 Years
• Lease Type: Net

Property Highlights

• JOANN Fabrics anchored center occupying 15,000 SF
• Centrally located between Rockford and the Quad Cities with easy access via I-88 and Illinois Route 40
• Hard corner of Lincoln Hwy. and River Rd. which sees a combined total of 28,700 VPD
• Neighboring retail tenants include; Kohl’s, PetSmart, ALDI, Walmart, Farm and Fleet, Buffalo Wild Wings, Menards, and more