Colliers’ Industrial Capital Markets Team has been retained by Ownership as its exclusive advisor in the sale of America’s Floor Source Portfolio Sale-Leaseback opportunity. This portfolio consists of three properties located in Indianapolis, IN; Columbus, OH; and West Chester (Cincinnati), OH. Each of the three properties is 100% leased to America’s Floor Source, totaling 519,479 SF across both warehouse and office/showroom spaces.
America’s Floor Source is one of the nation’s largest flooring companies, employing over 500 people and operating 10 store locations. Founded in 2000, the company is headquartered in the Columbus, Ohio location.
At closing, the Tenant will enter into a long-term, triple-net lease, with two or three five-year renewal options at fair market rents. This offering presents a compelling opportunity for single-tenant investors seeking stable, long-term cash flow leased to a high-quality tenant with a long term vested interest in the operation of their locations.
Well-Invested, Mission Critical Facilities
The portfolio includes three warehouse and showroom facilities, strategically located to serve America’s Floor Source’s customer base. America’s Floor Source has made significant investments in these properties over the years.
Long-Term Lease Structure with Limited Landlord Responsibilities
America’s Floor Source will enter into a brand-new, 10-year lease for each property upon closing.
High Quality, Established Tenant
America’s Floor Source offers an extensive selection of flooring products, including luxury vinyl plank, hardwood, carpet, laminate, tile, and stone. As one of the nation’s largest flooring companies, it has built a strong reputation for operational efficiency, robust training programs, and a steadfast commitment to both customers and employees.
Superior Locations in Strong Markets
The portfolio is comprised of three strategically located warehouse/showroom facilities in highly sought-after markets: Indianapolis, IN, and Columbus and Cincinnati, OH. Each location offers exceptional access to major transportation routes and serves as a hub for the region’s thriving commercial and residential sectors.