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Property profile

4400 Lincolnway Sterling, IL 61081

OFF-MARKET
Retail properties & Spaces
12,328 SF 8.9 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional 12,328 square foot retail property, built in 2022, is situated on 8.9 acres of land at 4400 E Lincolnway in Sterling, Illinois (zip code 61081). The single-story building features four suites, with 7,003 square feet currently vacant, offering flexible space options ranging from 1,700 to 5,303 square feet. The property boasts excellent visibility and high traffic counts, exceeding 12,000 vehicles per day, making it an ideal location for businesses seeking high exposure. Located in Sterling's main shopping corridor, this center benefits from proximity to major retailers such as Buffalo Wild Wings, Dollar Tree, Kay Jewelers, Menards, and Walmart. Ample parking is provided with 56 spaces. The property is zoned commercial and features building signage opportunities. This mixed-use property presents a unique opportunity for businesses seeking a prominent location in a thriving retail environment. The address is easily accessible via East Lincolnway, with a cross street approximately 538 feet away.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 12,328 SF
Lot 8.9 ac (387,684 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4400 Lincolnway Sterling, IL 61081
Sterling metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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