450 Remington Rd | Schaumburg, IL 60173
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- LoopNet Team
450 Remington Rd
Schaumburg, IL 60173
TouchTunes - Net Leased Flex Industrial · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- TouchTunes is a leading innovator of the commercial digital jukebox with its interactive music & entertainment solutions ( 2 million people per month)
- The Property is also the Company’s primary R&D, engineering, technical training, customer service, and business operations HQ
- Schaumburg’s central location provides access to an excellent labor pool and proximity to worldwide air freight connectivity
- The Property is TouchTunes’ world technology operations center which distributes new installation, repair/service equipment for North America & Europe
- Mission critical location in Schaumburg, which is home to approximately 60% of the Company’s overall workforce
- Remaining lease term of 4.5 years with 2, 5-year options | Significant capital invested by tenant since occupancy in 2014
PROPERTY FACTS
| Property Type | Flex | Year Built | 1998 |
| Property Subtype | Showroom | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.89/1,000 SF |
| Lot Size | 2.48 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 36,069 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-P | ||
| Property Type | Flex |
| Property Subtype | Showroom |
| Building Class | B |
| Lot Size | 2.48 AC |
| Rentable Building Area | 36,069 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Ratio | 2.89/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M-P |
AMENITIES
- Security System
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $193,948 | |
| Land Assessment | $75,506 | Total Assessment | $269,454 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$75,506
Improvements Assessment
$193,948
Total Assessment
$269,454
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