For Sale

Sterling Lincoln Center | Sterling, IL

Asking Price: $2,830,000 | Cap Rate: 8.85%

  • Net Operating Income: $250,418
  • 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