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NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Floor & Décor
600 East Rand Road
Arlington Heights, IL 60004 (Chicago MSA)
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
TABLE OF CONTENTS
TABLE OF CONTENTS
1)	 Confidentiality & Disclaimer
2)	 Executive Summary
3)	 Property Overview
4)	 Aerial
5)	 Site Plan
6)	 Maps
7)	 Tenant Profile
8)	 Demographic Comparison Report
9)	 Location Overview
10)	 Contact Information
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be
reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity
without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary,
unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not
made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum
has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify,
any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters
and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided.
All potential buyers must take appropriate measures to verify all of the information set forth herein.
CONFIDENTIALITY & DISCLAIMER
CONFIDENTITALITY & DISCLAIMER
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
The Boulder Group is pleased to exclusively market for sale single tenant net leased Floor and Décor property in
the Chicago MSA. The 74,900 square foot Floor and Décor is located in Arlington Heights and the property was
renovated in 2013 for the tenant. The property features a brand new 10 year lease and is located in a primary
retail trade area. Floor and Décor is a leading retailer specializing in the hard surface flooring market. Floor and
Décor sources directly from manufactures around the globe and offers a selection of ceramic, stone, tile, wood and
laminate flooring. Today, Floor and Décor operates 36 stores in 10 states and their primary customer base is the
“do-it-yourself” consumer and professional contractors.
ThesubjectpropertyislocatedonthecornerofEastRandRoadandEastPalatineRoad.Thisintersectionexperiences
traffic volumes in excess of 65,800 vehicles per day. Target and Aldi are located less than one-half mile south of
the property and are two of the primary retail attractions in the immediate area. The property is positioned across
the street from Town and Country Mall, which features Dominick’s, Dick’s Sporting Goods, Best Buy, Marshalls and
Walgreens. Other tenants in the immediate vicinity include Trader Joe’s, Jewel-Osco, Office Depot and Old Navy.
Additionally, the population is in excess of 329,000 within five miles of the property and residents living with one
mile of the property enjoy average household incomes in excess of $100,000.
Floor and Décor signed a new 10 year lease that expires in April 2023. The lease features four 5-year renewal
options with 10% rental escalations. Floor and Décor is a privately held company with 36 locations in 10 states
and is expanding nationally.  
INVESTMENT HIGHLIGHTS
•	Located within the Chicago MSA
•	Brand new long term lease with 10 years remaining
•	Average household income in excess of $100,000 within
one mile of the property
•	Population in excess of 329,000 within five miles of the
property
•	Intersection of Rand Road and Palatine Road experiences
traffic volumes in excess of 65,800 vehicles per day.
•	Located in a primary retail trade area
•	Tenants in the area include Target, Trader Joe’s, Jewel-Osco, Aldi, Office Depot and Old Navy
•	10% rental escalations in renewal option periods
•	Low price per square foot
EXECUTIVE SUMMARY
EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Price: $9,523,000
Cap Rate: 7.00%
Renewal Options: Four 5-Year
Rent Schedule: NOI                Escalation Date         
$666,610
$733,271 4/01/23
$806,598 4/01/28
$887,258 4/01/33
$975,984 4/01/38
Lease Commencement Date: April 1, 2013
Lease Expiration Date: March 31, 2023
Tenant: Floor & Décor
Year Renovated: 2013
Lease Type: NN (Roof, Structure & Parking Lot Replacement)
Rentable Square Feet: 74,900 SF
*Tenant shall have the one time option to terminate the lease on the last day of the fifth lease year. Tenant shall
pay approximately $800,000 if they elect to terminate the lease.
PROPERTY OVERVIEW
PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
AERIAL
AERIAL
E. PALATINE ROAD
38,300 VPD
E.RAND
ROAD
27,500
VPD
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
SITE PLAN
SITE PLAN
E. PALATINE ROAD
LOADINGDOCKS
PYLON SIGN
E.RAND
ROAD
CUSTOMER
LOADOUTAREA
APPROX. SITE DIMENSIONSAPPROX. SITE DIMENSIONS
FUTUREOUTLOT
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
MAPS
MAPS
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Floor and Décor is a leading retailer specializing in the hard surface flooring market. Floor and Décor sources
directly from manufactures around the globe and offers a selection of ceramic, stone, tile, wood and laminate
flooring. The company was founded in 2000 and is headquartered in Atlanta, Georgia. Today, Floor and Décor
operates 36 stores in 10 states. Stores range in size from 60,000 to 80,000 square feet, and each store stocks
approximately 2,500 products including the necessary tools, decorative, and related accessories for flooring
projects. The primary customer base for Floor and Décor is the “do-it-yourself” consumers and professional
contractors.
Website:	 	 	 	 www.flooranddecoroutlets.com
Number of Locations:	 	 36
TENANT PROFILE
TENANT PROFILE
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
Population 1-mi 3-mi 5-mi
Total Population 12,381 133,959 329,649
Total Households 4,505 53,107 128,130
Income
Median Household Income $91,750 $74,891 $71,446
Average Household Income $103,479 $91,044 $89,954
DEMOGRAPHIC COMPARISON REPORT
DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
ArlingtonHeightsisavillageinCookCounty,Illinois about25 milesnorthwestofdowntown Chicago.
Arlington Heights is the most populous community in the United States that is incorporated as a
“Village.” At the time of the 2010 U.S. Census, Arlington Heights had a population of 75,101 and
Cook County had a population of 5,231,351 making it the second most populous county in the
country. The village is most notable for the Arlington Park Race Track, home of the Arlington Million
(Breeders’ Cup qualifying event). Additionally, the Arlington Village Memorial Library has one of the
largest collections in the state.
The economy in Arlington Heights has experienced a recent boom in development of condos, restaurants and
other businesses in the central Business District and the downtown area. The Village is instrumental in business,
residential and community development. Some of the largest employers in Arlington Heights include the Arlington
Park (4,500 employees) and the Northwest Community Hospital (4,000 employees).
www.vah.com
Chicago is the most populous city in the Midwestern United States and the third most populous city
in the United States with 2,700,000 residents. Chicago is the county seat of Cook County, the sec-
ond largest county in the United States. The Chicago MSA is the third most populated metropolitan
area in the United States with 9,580,567 residents. The MSA covers over 1,300 square miles and
six counties. The Chicago metropolitan area is home to the corporate headquarters of 57 Fortune
1000 companies, including Boeing, McDonald’s, Motorola, Discover Financial Services and Unit-
ed Airlines. Chicago is a major hub for industry, telecommunications and infrastructure and O’Hare International
Airport is the second busiest airport in the world in terms of traffic movement.
The metro is also a major financial center in North America, and is home to the largest futures exchange in the
United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the
competitiveness of financial centers based on people, business environment, market access, infrastructure and
general competitiveness.
www.cityofchicago.org
LOCATION OVERVIEW
LOCATION OVERVIEW
NET LEASED INVESTMENT OFFERING
www.bouldergroup.com
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
rblank@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com
CONTACT INFORMATION
CONTACT INFORMATION
790 Frontage Road, Suite 315
Northfield, IL 60093
Richard Kahan
847.441.4425
rkahan@kbrealestate.com

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Net Lease property for sale

  • 1. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Floor & Décor 600 East Rand Road Arlington Heights, IL 60004 (Chicago MSA)
  • 2. NET LEASED INVESTMENT OFFERING www.bouldergroup.com TABLE OF CONTENTS TABLE OF CONTENTS 1) Confidentiality & Disclaimer 2) Executive Summary 3) Property Overview 4) Aerial 5) Site Plan 6) Maps 7) Tenant Profile 8) Demographic Comparison Report 9) Location Overview 10) Contact Information
  • 3. NET LEASED INVESTMENT OFFERING www.bouldergroup.com The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. CONFIDENTIALITY & DISCLAIMER CONFIDENTITALITY & DISCLAIMER
  • 4. NET LEASED INVESTMENT OFFERING www.bouldergroup.com The Boulder Group is pleased to exclusively market for sale single tenant net leased Floor and Décor property in the Chicago MSA. The 74,900 square foot Floor and Décor is located in Arlington Heights and the property was renovated in 2013 for the tenant. The property features a brand new 10 year lease and is located in a primary retail trade area. Floor and Décor is a leading retailer specializing in the hard surface flooring market. Floor and Décor sources directly from manufactures around the globe and offers a selection of ceramic, stone, tile, wood and laminate flooring. Today, Floor and Décor operates 36 stores in 10 states and their primary customer base is the “do-it-yourself” consumer and professional contractors. ThesubjectpropertyislocatedonthecornerofEastRandRoadandEastPalatineRoad.Thisintersectionexperiences traffic volumes in excess of 65,800 vehicles per day. Target and Aldi are located less than one-half mile south of the property and are two of the primary retail attractions in the immediate area. The property is positioned across the street from Town and Country Mall, which features Dominick’s, Dick’s Sporting Goods, Best Buy, Marshalls and Walgreens. Other tenants in the immediate vicinity include Trader Joe’s, Jewel-Osco, Office Depot and Old Navy. Additionally, the population is in excess of 329,000 within five miles of the property and residents living with one mile of the property enjoy average household incomes in excess of $100,000. Floor and Décor signed a new 10 year lease that expires in April 2023. The lease features four 5-year renewal options with 10% rental escalations. Floor and Décor is a privately held company with 36 locations in 10 states and is expanding nationally. INVESTMENT HIGHLIGHTS • Located within the Chicago MSA • Brand new long term lease with 10 years remaining • Average household income in excess of $100,000 within one mile of the property • Population in excess of 329,000 within five miles of the property • Intersection of Rand Road and Palatine Road experiences traffic volumes in excess of 65,800 vehicles per day. • Located in a primary retail trade area • Tenants in the area include Target, Trader Joe’s, Jewel-Osco, Aldi, Office Depot and Old Navy • 10% rental escalations in renewal option periods • Low price per square foot EXECUTIVE SUMMARY EXECUTIVE SUMMARY
  • 5. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Price: $9,523,000 Cap Rate: 7.00% Renewal Options: Four 5-Year Rent Schedule: NOI Escalation Date $666,610 $733,271 4/01/23 $806,598 4/01/28 $887,258 4/01/33 $975,984 4/01/38 Lease Commencement Date: April 1, 2013 Lease Expiration Date: March 31, 2023 Tenant: Floor & Décor Year Renovated: 2013 Lease Type: NN (Roof, Structure & Parking Lot Replacement) Rentable Square Feet: 74,900 SF *Tenant shall have the one time option to terminate the lease on the last day of the fifth lease year. Tenant shall pay approximately $800,000 if they elect to terminate the lease. PROPERTY OVERVIEW PROPERTY OVERVIEW
  • 6. NET LEASED INVESTMENT OFFERING www.bouldergroup.com AERIAL AERIAL E. PALATINE ROAD 38,300 VPD E.RAND ROAD 27,500 VPD
  • 7. NET LEASED INVESTMENT OFFERING www.bouldergroup.com SITE PLAN SITE PLAN E. PALATINE ROAD LOADINGDOCKS PYLON SIGN E.RAND ROAD CUSTOMER LOADOUTAREA APPROX. SITE DIMENSIONSAPPROX. SITE DIMENSIONS FUTUREOUTLOT
  • 8. NET LEASED INVESTMENT OFFERING www.bouldergroup.com MAPS MAPS
  • 9. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Floor and Décor is a leading retailer specializing in the hard surface flooring market. Floor and Décor sources directly from manufactures around the globe and offers a selection of ceramic, stone, tile, wood and laminate flooring. The company was founded in 2000 and is headquartered in Atlanta, Georgia. Today, Floor and Décor operates 36 stores in 10 states. Stores range in size from 60,000 to 80,000 square feet, and each store stocks approximately 2,500 products including the necessary tools, decorative, and related accessories for flooring projects. The primary customer base for Floor and Décor is the “do-it-yourself” consumers and professional contractors. Website: www.flooranddecoroutlets.com Number of Locations: 36 TENANT PROFILE TENANT PROFILE
  • 10. NET LEASED INVESTMENT OFFERING www.bouldergroup.com Population 1-mi 3-mi 5-mi Total Population 12,381 133,959 329,649 Total Households 4,505 53,107 128,130 Income Median Household Income $91,750 $74,891 $71,446 Average Household Income $103,479 $91,044 $89,954 DEMOGRAPHIC COMPARISON REPORT DEMOGRAPHIC COMPARISON REPORT
  • 11. NET LEASED INVESTMENT OFFERING www.bouldergroup.com ArlingtonHeightsisavillageinCookCounty,Illinois about25 milesnorthwestofdowntown Chicago. Arlington Heights is the most populous community in the United States that is incorporated as a “Village.” At the time of the 2010 U.S. Census, Arlington Heights had a population of 75,101 and Cook County had a population of 5,231,351 making it the second most populous county in the country. The village is most notable for the Arlington Park Race Track, home of the Arlington Million (Breeders’ Cup qualifying event). Additionally, the Arlington Village Memorial Library has one of the largest collections in the state. The economy in Arlington Heights has experienced a recent boom in development of condos, restaurants and other businesses in the central Business District and the downtown area. The Village is instrumental in business, residential and community development. Some of the largest employers in Arlington Heights include the Arlington Park (4,500 employees) and the Northwest Community Hospital (4,000 employees). www.vah.com Chicago is the most populous city in the Midwestern United States and the third most populous city in the United States with 2,700,000 residents. Chicago is the county seat of Cook County, the sec- ond largest county in the United States. The Chicago MSA is the third most populated metropolitan area in the United States with 9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The Chicago metropolitan area is home to the corporate headquarters of 57 Fortune 1000 companies, including Boeing, McDonald’s, Motorola, Discover Financial Services and Unit- ed Airlines. Chicago is a major hub for industry, telecommunications and infrastructure and O’Hare International Airport is the second busiest airport in the world in terms of traffic movement. The metro is also a major financial center in North America, and is home to the largest futures exchange in the United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastructure and general competitiveness. www.cityofchicago.org LOCATION OVERVIEW LOCATION OVERVIEW
  • 12. NET LEASED INVESTMENT OFFERING www.bouldergroup.com 666 Dundee Road, Suite 1801 Northbrook, IL 60062 Randy Blankstein President 847.562.0003 rblank@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com CONTACT INFORMATION CONTACT INFORMATION 790 Frontage Road, Suite 315 Northfield, IL 60093 Richard Kahan 847.441.4425 rkahan@kbrealestate.com