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Retail Space in Walmart Outlot
For Lease
$24 SF/Yr

17643-17681 Torrence Ave, Lansing, IL 60438

2400 SF retail space in a busy Walmart outlot.

Space Size2,400 SF
Property Size46,738 SF
Days on Market138

Property Features for 17643-17681 Torrence Ave

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 46,738 SF
Year Built 1990

Spaces For Lease

at 17643-17681 Torrence Ave Contact us

17659 Torrence Ave $24/SF/Yr

Size
2,400 SF
Term
Negotiable
Contact us
Listing Agency: Latitude Commercial
Listed By: Myles Rapchak · License #IN #RB14052315
Source: Latitudeco
Added: Apr 8 Changed: Aug 22 Last Checked: Aug 22 at 5:11AM

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 Latitude Commercial

Investment Insights

Based on property information with market context.

One remaining unit featuring 2400 square feet is available for lease in a Walmart Outlot building in Lansing, Illinois. The space was formerly occupied by Champions BBQ and includes a hood. The location is anchored by Walmart, Planet Fitness, and Kali Beauty. A new Chick-Fil-A is under construction next door. The center is situated one block from the 80/94 and Torrence Avenue interchange. The property benefits from high traffic volume, with 43,262 vehicles per day on Torrence Avenue and 211,708 vehicles per day on 80/94. There are 871 parking spots available.

Key Highlights

  • Excellently anchored by Walmart, Planet Fitness, and Kali Beauty.
  • High traffic location: 43,262 VPD on Torrence Ave & 211,708 VPD on 80/94.
  • Located one block south of the 80/94 & Torrence Ave Interchange.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
369k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Groceries 34% Shops & Services 24% Electronics 2%
Walmart Neighborhood Market Groceries
116,584 visits/mo 0.2 miles
QuikTrip Shops & Services
68,465 visits/mo 0.4 miles
McDonald's Dining
34,668 visits/mo 0.2 miles
Chick-fil-A Dining
32,462 visits/mo 0.0 miles
Starbucks Dining
16,328 visits/mo 0.5 miles

Demographics for 60438, IL

29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2400 SF retail space in a busy Walmart outlot.
Where is this retail space located?
The property is located at 17643-17681 Torrence Ave Lansing, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Excellently anchored by Walmart, Planet Fitness, and Kali Beauty.; High traffic location: 43,262 VPD on Torrence Ave & 211,708 VPD on 80/94.; Located one block south of the 80/94 & Torrence Ave Interchange.
More about this property
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