Listing Agency: Matanky Realty Group t***@matanky.com Show Phone

Listed By: Terri J. Cox · License #4710003588 Show Phone

Source: Moodyscre

Added: Oct 31, 2023 Changed: Jul 10 Last Checked: Jul 21 at 4:07AM

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Investment Insights

Based on property information with market context.

This retail space is located on Torrence Avenue in Lynwood, benefiting from heavy traffic of up to 30,000 vehicles per day. The property is situated near over 850 homes within a quarter mile, offering a strong mix of popular local tenants. The available space is suitable for businesses looking to relocate into a growing community.

Key Highlights

• High traffic location with up to 30,000 vehicles per day.
• Located on Torrence Avenue in Lynwood.
• On the doorstep of 850+ homes within a quarter mile.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Pharmacy 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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

223

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space in a growing community with high traffic.

Where is this retail space located?

The property is located at 19755-19771 Torrence Ave Lynwood, IL.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: High traffic location with up to 30,000 vehicles per day.; Located on Torrence Avenue in Lynwood.; On the doorstep of 850+ homes within a quarter mile.