Convenience-Oriented Retail Strip
For Sale
Contact for pricing
Pending
24200 Crenshaw Blvd, Torrance, CA 90505
14,225 SF strip center with a food, beverage, and service tenant mix on Crenshaw Blvd in Torrance.
Property Size14,225 SF
Days on Market121
Property Features for 24200 Crenshaw Blvd
General Information
Standard status
Pending
Size
14,225 SF
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
CBRE - Orange County
Listed By:
James Tyrrell · License #02012964
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 3:16PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
Crenshaw Plaza is a 14,225 SF convenience-oriented retail strip center with an existing tenant mix that includes food, beverage, and service users. The property is positioned for everyday retail demand and features property-wide rent levels averaging $2.59 per square foot per month on an NNN equivalency basis.
Located at 24200 Crenshaw Blvd in Torrance, the center is across Crenshaw Blvd from Torrance Crossroads, a dominant retail shopping destination in Los Angeles’ South Bay. Adjacent tenants include Home Depot, TJ Maxx, Sam’s Club, Lowe’s, and Costco, with Costco having completed a brand new prototypical construction of its store, supporting its continued investment in the immediate trade area.
Located at 24200 Crenshaw Blvd in Torrance, the center is across Crenshaw Blvd from Torrance Crossroads, a dominant retail shopping destination in Los Angeles’ South Bay. Adjacent tenants include Home Depot, TJ Maxx, Sam’s Club, Lowe’s, and Costco, with Costco having completed a brand new prototypical construction of its store, supporting its continued investment in the immediate trade area.
Key Highlights
- 14,225 SF convenience‑oriented retail strip center with a food, beverage, and service tenant mix
- Located on Crenshaw Blvd in Torrance, across from Torrance Crossroads
- On NNN‑equivalency basis, existing rents average $2.59 PSF/MO, stated as more than 40% below shop rents across the street
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,110
Businesses Nearby
670k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 17%
Home Improvements & Furnishings 14%
Groceries 9%
In-N-Out Burger
Dining
66,203 visits/mo
0.4 miles
HomeGoods
Home Improvements & Furnishings
51,247 visits/mo
0.3 miles
Chick-fil-A
Dining
46,021 visits/mo
0.3 miles
AMC Rolling Hills 20
Leisure
44,336 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
36,428 visits/mo
0.4 miles
Demographics for 90505, CA
36,643
Population
15,202
Households
2.4
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
6,211
Density / Sq Mi
$110,690
Median Household Income
$70,100
Median Earnings
$2,338
Median Rent
$1,144,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Strip mall - 14,225 SF strip center with a food, beverage, and service tenant mix on Crenshaw Blvd in Torrance.
Where is this strip mall located?
The property is located at 24200 Crenshaw Blvd Torrance, CA.
What are key features of this property?
This property features: 14,225 SF convenience‑oriented retail strip center with a food, beverage, and service tenant mix; Located on Crenshaw Blvd in Torrance, across from Torrance Crossroads; On NNN‑equivalency basis, existing rents average $2.59 PSF/MO, stated as more than 40% below shop rents across the street
