The Boulder Group is pleased to exclusively market for sale a single tenant net leased Floor & Décor property located in Skokie, Illinois, within the Chicago MSA. Floor & Décor has successfully operated at this location since the property was constructed in 2014, demonstrating strong tenant commitment. The lease runs through September 2029 and features 10% rental escalations in each of the three 5-year renewal options. Floor & Décor is a market-leading specialty retailer of hard surface flooring, providing a stable and nationally recognized tenant.
The 73,000 square-foot property is prominently positioned at a signalized hard corner along McCormick Boulevard and Oakton Street, which see a combined traffic count of nearly 50,000 vehicles per day. Located in an affluent community with an average household income exceeding $148,000 within one mile, the site also benefits from strong population density, with over 600,000 residents within five miles. Surrounding national retailers include The Home Depot, Sam’s Club, Target, Ross, ALDI, PetSmart, Jewel-Osco, Marshalls, Five Below, and others, driving consistent consumer traffic to the area. The property is also ideally situated 12 miles north of downtown Chicago and 12 miles northeast of O’Hare International Airport, offering regional accessibility.
Floor & Decor, founded in 2000 and headquartered in Atlanta, Georgia, is a leading specialty retailer of hard-surface flooring and related accessories in the United States. The company operates 251 warehouse-format stores and five design studios across 36 states, offering an extensive selection of ceramic and porcelain tiles, natural stone, hardwood, laminate, and luxury vinyl flooring at competitive prices. Catering to homeowners, professional contractors, and designers, Floor & Decor emphasizes a customer-centric approach with in-store design centers, free design services, and a robust online platform at FloorandDecor.com.