Listed by Mid-America Real Estate
Unpriced
FCA Net Lease Portfolio
Details
APN 05-06-04-400-012-0000, 07-27-101-026, 45-12-24-328-001.000-046, 09-28-351-027
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 110,252
NOI $941,130
Tenancy Single
Buildings 4
Acreage 7.120
Investment Type Net Lease
Retail | 110,252 SqFt
Marketing description
Floor Covering Associates has been in business since 1976, offering a complete selection of carpet, flooring, and interior furnishings from top-quality brands. In the past 10 years, FCA has consistently ranked among the top U.S. retailers in Floor Covering Weekly's annual Top 50 Retailers list and currently operates four stores throughout Illinois and Indiana. Offering turnkey service, materials, value-minded selections, and special financing options, Floor Covering Associates is a top floor covering business in the country.
Investment highlights
- Average market rents in the subject retail corridors exceed those of the FCA properties across all locations —highlighting significant below-market leasing across the portfolio.
- Naperville’s average market rent is $17.39 psf compared to the FCA property at $10.53 psf.
- St. Charles has average market rents of $22.00 psf versus $13.55 psf at the FCA property.
- Merrillville market rents average $9.00 psf across flex, office, and industrial properties; the FCA property is leased at $5.04 psf.
- Shorewood market rents average $11.72 psf across flex, office, and industrial uses, while the FCA property stands at $4.58 psf.
Listing Contacts
Listed by Mid-America Real Estate
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$941,130.00
$78,427.50/mo
Valuation Metrics
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Zoning
B3 CommercialGeneral CommercialGeneral Commercial District
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View all 130 uses Last updated Apr 1, 2026 For deeper zoning details, reports are available at Zoneomics
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