Joel Yacoob Leases 1900 East Golf Road Office Space To Associated Equipment Distributors In Schaumburg
1900 E Golf Rd
Building Size
13,063 SF
Asset Type
Office
Closing
Jan 15, 2026
AI
The property involved in the transaction is an office asset located at 1900 East Golf Road in Schaumburg, encompassing a total of 13,063 square feet. The leasing transaction was categorized as a Full Service Gross lease type.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1900 East Golf Road
- Market: Schaumburg
- Landlord: Joel Yacoob
- Tenant: Associated Equipment Distributors
- Landlord's Representative: Brent Jacob - Colliers
- Tenant's Representative: Michael Schneider - X10 Commercial
Associated Equipment Distributors has relocated and expanded its business operations, moving from their previous location at 650 E. Algonquin Road to their new space at 1900 E. Golf Road. This move nearly doubled their footprint to facilitate ongoing growth, with Michael Schneider acting as their representative during the transaction.
Players
Schaumburg Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93