2301 Locust St
Sterling, IL 61081

EXP Realty Advisors on behalf of ownership, is pleased to exclusively offer for sale the fee simple interest in this CVS Pharmacy located in Sterling, IL. The tenant, CVS, has 19.5 years remaining on its initial 20-year NN lease. CVS Health Corporation, the guarantor of the lease, is investment grade and boasts a Standard & Poor’s rating of BBB. Sterling is located 116 miles west of downtown Chicago, 56 miles southwest of Rockford and 50 miles east of the Quad Cities. The property services the Sauk Valley community with a population of approximately 60,000 including more than 40,000 residents in Sterling, Rock Falls and Dixon. Established in 1857, Sterling has been a city of hard-working people, deeply rooted in local industry since that time. Originally home to a few mills powered by the river, the industrial base grew with the country and the small City of Sterling soon became the Hardware Capital of the World. Today, much of that history is still with us, but the City has matured and diversified. The community is now a strong blend of industry, commercial and retail business and residential areas. In fact, Sterling has become a regional retail hub.