Sterling Lincoln Center | Sterling, IL
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
