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New Retail Center Space
For Lease
$42 SF/Yr

21138 Western Avenue, Torrance, CA 90501

Signalized corner setting with fuel, convenience, and drive-thru co-tenancy nearby.

Space Size1,209 SF - 1,703 SF
Days on Market107

Property Features for 21138 Western Avenue

General Information

Standard status Active
Size 1,209 SF - 1,703 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 2025

Spaces For Lease

at 21138 Western Avenue Contact us

D

Size
1,209 SF
Type
Retail
Availability
Available
•End cap with exposure along Western Ave corridor •Strong visibility to high...
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A

Size
1,703 SF
Type
Retail
Availability
Available
•Highly visible end cap at signalized corner of Western Ave & Torrance Blvd •Direct...
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Contact us

C

Size
1,377 SF
Type
Retail
Availability
Available
•Inline space adjacent to Chevron ExtraMile convenience store driving consistent...
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Listing Agency: CBRE - El Segundo
Listed By: Tony Itkin · License #02239147
Source: Cbre
Added: May 16 Changed: Aug 29 Last Checked: Aug 29 at 8:30PM

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 - El Segundo

Investment Insights

Based on property information with market context.

This retail space is located within a 2025-built center at the signalized intersection of Western Avenue and Torrance Boulevard. The property is positioned alongside a Chevron fuel station and ExtraMile convenience store, with a Starbucks drive-thru next to the site. Multiple ingress and egress points support access to the center, while the surrounding area includes national retailers, restaurants, and neighborhood-serving businesses.

The site benefits from customer activity associated with the fuel station and convenience store, along with nearby drive-thru retail. Proximity to the 405 and 110 Freeways provides regional connectivity. The offering is suited to retail, restaurant, and service uses, as described in the property information.

Key Highlights

  • 2025 construction retail center
  • Signalized corner at Western Avenue and Torrance Boulevard
  • Adjacent Chevron fuel station and ExtraMile convenience store

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Storage Facility Hotel & Motel Restaurant

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,382
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 18% Apparel 1%
Daiso USA Shops & Services
21,665 visits/mo 0.4 miles
Starbucks Dining
14,751 visits/mo 0.1 miles
Bank of America Shops & Services
11,934 visits/mo 0.5 miles
7-Eleven Shops & Services
11,568 visits/mo 0.5 miles
7-Eleven Shops & Services
8,735 visits/mo 0.4 miles

Demographics for 90501, CA

43,990
Population
15,867
Households
2.8
Avg Household Size
38
Median Age
39%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
7,718
Density / Sq Mi
$92,815
Median Household Income
$43,526
Median Earnings
$1,868
Median Rent
$887,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Signalized corner setting with fuel, convenience, and drive-thru co-tenancy nearby.
Where is this retail space located?
The property is located at 21138 Western Avenue Torrance, CA.
What is the lease rate?
The lease rate is $42 SF/Yr.
What are key features of this property?
This property features: 2025 construction retail center; Signalized corner at Western Avenue and Torrance Boulevard; Adjacent Chevron fuel station and ExtraMile convenience store
More about this property
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