707 Remington Rd
Schaumburg, IL 60173
Industrial Property For Sale

Multi-Tenant industrial facility for sale at 707 Remington Road in Schaumburg, Illinois. The building features ten (10) units over 50,000 square feet and is currently 90% leased by a strong mix of Tenants including Patrick BMW, Pretty Car Auto Detail, WET Solutions Inc., Modern Event Rental, and ASAP Tire. At the current 90% occupancy, the property produces a net operating income (NOI) of approximately $249,000 with an opportunity to add value via lease-up of the two (2) vacancies. Patrick BMW, the tenant with the most square footage leased at the building (20,000 SF), has their Schaumburg dealership located directly to the south of the property and takes advantage of a drive-way between the two (2) properties. The building was constructed in 1980 of brown masonry and includes ten units, all of which are 5,000 SF. Each unit contains one (1) overhead door (10 total), access to three (3) shared interior loading docks in the rear of the building, office space, and 18' clear ceilings heights. Additionally, the property features 117 parking spaces on-site (2.34/1,000 SF) and provides convenient accessibility located just two (2) miles from the Interstate 90/290 (I-90/I-290) Interchange.