Flex Warehouse with Office and
For Sale
Contact for pricing
1 Commerce Drive, Schaumburg, IL 60173
Flex warehouse offering office, lab, conference, training, and showroom facilities with existing generator and on-site telecommunications.
Property Size51,513 SF
Price / SF$135.79
Days on Market315
Property Features for 1 Commerce Drive
General Information
Standard status
Active
Size
51,513 SF
Property subtype
FLEX_R_AND_D
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Amenities
signage opportunity
beautifully maintained grounds
office facilities
lab facilities
conference facilities
training facilities
showroom facilities
generator
AT&T fiber
AT&T phone line
Comcast phone line
Listing Agency:
Colliers | Chicago Rosemont
(312) 259-8207
Listed By:
Jason Simon
(312) 259-8207
Source:
Moodyscre
Added: Oct 10, 2025
Changed: Aug 14
Last Checked: Aug 19 at 2:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Chicago Rosemont
Investment Insights
Based on property information with market context.
The property is a flex warehouse configuration that includes office, lab, conference, training, and showroom facilities. It is offered in good existing condition, with furniture included. The site also features an existing generator and telecommunications services including AT&T fiber, AT&T, and Comcast phone line.
The building is positioned directly off the 4-way I-90 interchange at Roselle Road on the “Hard Corner” of Roselle Rd and Commerce Dr. The property is part of Schaumburg Business Park with managed, institutional-level maintenance and maintained grounds and landscaping.
Parking is available with an ample existing ratio, with the ability to expand up to 6/1,000 SF. The property can accommodate the addition of a drive-in door or docks, supported by a 130’ truck court.
The building is positioned directly off the 4-way I-90 interchange at Roselle Road on the “Hard Corner” of Roselle Rd and Commerce Dr. The property is part of Schaumburg Business Park with managed, institutional-level maintenance and maintained grounds and landscaping.
Parking is available with an ample existing ratio, with the ability to expand up to 6/1,000 SF. The property can accommodate the addition of a drive-in door or docks, supported by a 130’ truck court.
Key Highlights
- Flex warehouse with office, lab, conference, training, and showroom facilities
- 130’ truck court with ability to add a drive‑in door or docks
- Hard corner at Roselle Rd & Commerce Dr, directly off a 4‑way I‑90 interchange
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$542,432
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,848,640
$10.8M
Cap Rate 7%
$7,749,029
$7.7M
Cap Rate 9%
$6,027,022
$6.0M
Market Conditions
NOI Build-Up for 51,513 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$927.2K $18.00/SF
− Vacancy
−$92.7K −$1.80/SF
EGI
$834.5K $16.20/SF
− OpEx
−$292.1K −$5.67/SF
NOI
$542.4K $10.53/SF
Area
Cook County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,848,640
Cap Rate 7%
$7,749,029
Cap Rate 9%
$6,027,022
Alternative Uses
Best Use
Flex RnD
$7.75M
$6.78M – $9.04M
NOI $542,432 @ 7.0% cap · market cap 7.75%
Second Best
Industrial
$3.17M
$2.77M – $3.70M
NOI $221,746 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$17.79M
$15.56M – $20.75M
NOI $1,244,956 @ 7.0% cap · market cap 17.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60173, IL
13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse offering office, lab, conference, training, and showroom facilities with existing generator and on-site telecommunications.
Where is this flex space located?
The property is located at 1 Commerce Drive Schaumburg, IL.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: Flex warehouse with office, lab, conference, training, and showroom facilities; 130’ truck court with ability to add a drive‑in door or docks; Hard corner at Roselle Rd & Commerce Dr, directly off a 4‑way I‑90 interchange
