Multi-Tenant Retail Center with Pylon
17149 - 17151 Torrence Avenue Lansing, IL 60438
17149 - 17151 Torrence Avenue, Lansing, IL, 60438
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For Sale
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Multi-tenant shopping center on Torrence Avenue with dual-sided pylon signage and a 424-space parking lot.
Property Size80,000 SF
Days on Market102
Property Features for 17149 - 17151 Torrence Avenue
General Information
- Standard status
- Active
- Size
- 80,000 SF
- Property subtype
- Retail
Listing agency
Frontline Real Estate Partners
(847) 780-8062
Listed by
Matthew Tarshis · License #IL 481011744
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 4:25PM Checked: Jul 21 at 4:25PM
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 Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Lansing Shopping Center is an 80,000 SF multi-tenant retail center with one tenant currently operating on a NNN lease. K&G Fashion Superstore has leased at the center since 2002, with a term through January 2024. The property has one remaining vacancy totaling 45,000 SF, which was formerly occupied by Best Buy. Site amenities include a 424-space parking lot, and a portion of the lot is currently leased month-to-month to Napleton Auto Group.
The center is located along the east side of Torrence Avenue, just north of the I-80/I-94 ramp, in Lansing, Illinois. The property offers extensive frontage along 172nd St (805 feet) and dual-sided pylon signage along Torrence Avenue, providing visibility and exposure to approximately 16,000 VPD.
Lansing Shopping Center sits in the primary commercial corridor with nearby retail activity including a range of national tenants such as Walmart Supercenter, Sam’s Club, Home Depot, Burlington, Macy’s, JC Penney, ALDI, Big Lots, Dollar Tree, LA Fitness, Walgreen’s, and several quick-service restaurants.
The center is located along the east side of Torrence Avenue, just north of the I-80/I-94 ramp, in Lansing, Illinois. The property offers extensive frontage along 172nd St (805 feet) and dual-sided pylon signage along Torrence Avenue, providing visibility and exposure to approximately 16,000 VPD.
Lansing Shopping Center sits in the primary commercial corridor with nearby retail activity including a range of national tenants such as Walmart Supercenter, Sam’s Club, Home Depot, Burlington, Macy’s, JC Penney, ALDI, Big Lots, Dollar Tree, LA Fitness, Walgreen’s, and several quick-service restaurants.
Key Highlights
- 80,000 SF multi‑tenant retail center with one tenant on a NNN lease (K&G Fashion Superstore), leased since 2002
- 43.75% leased; lone vacancy totals 45,000 SF (formerly occupied by Best Buy)
- Dual‑sided pylon signage along Torrence Avenue with exposure to approx. 16,000 VPD
Property Analytics
Location Intelligence
Current Use by Public Records
K&G Fashion Superstore
Clothing & Fashion Store
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FAQs
What type of property is this?
Shopping center - Multi-tenant shopping center on Torrence Avenue with dual-sided pylon signage and a 424-space parking lot.
Where is this shopping center located?
The property is located at 17149 - 17151 Torrence Avenue Lansing, IL.
What are key features of this property?
This property features: 80,000 SF multi‑tenant retail center with one tenant on a NNN lease (K&G Fashion Superstore), leased since 2002; 43.75% leased; lone vacancy totals 45,000 SF (formerly occupied by Best Buy); Dual‑sided pylon signage along Torrence Avenue with exposure to approx. 16,000 VPD