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Torrance Retail Space Available
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24427-24451 Crenshaw Blvd, Torrance, CA 90505

Second-generation food-oriented retail space in a high-traffic location.

Space Size1,772 SF
Property Size480,394 SF
Days on Market1425

Property Features for 24427-24451 Crenshaw Blvd

General Information

Standard status Active
Size 1,772 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 480,394 SF
Year Built 1992
Tenancy Multiple

Spaces For Lease

at 24427-24451 Crenshaw Blvd Contact us

End Cap

Size
1,772 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBM1 West Los Angeles
Listed By: Aaron Guido · License #CA 01924254
Source: Crexi
Added: Sep 17, 2022 Changed: Aug 8 Last Checked: Aug 10 at 12:34PM

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 CBM1 West Los Angeles

Investment Insights

Based on property information with market context.

Available now is a ±1,200 SF second-generation, food-oriented retail space at Torrance Crossroads, a power center in South Bay. The location is anchored by The Home Depot and Vons. The space includes existing plumbing infrastructure, such as floor drains and multiple sinks. It is suited for light food, dessert, and beverage concepts that do not require a full kitchen hood or grease interceptor. The site benefits from consistent daily traffic and crossover demand due to its position within a high-performing retail environment with national co-tenancy, including Sam’s Club, In-N-Out Burger, Chick-fil-A, and Wells Fargo. Ideal uses include boba tea, juice and smoothie concepts, acai bowls, bakeries, dessert concepts, ice cream, snack concepts, or other specialty food users. The space is also well suited for select service retail uses seeking a high-traffic inline location. This is a rare opportunity to secure a partially improved food-capable space in one of Torrance’s established retail corridors with reduced buildout requirements. Torrance Crossroads is positioned at the signalized intersection of Crenshaw Boulevard and Lomita Boulevard. The property benefits from visibility, high daily traffic counts, and access to major regional arterials including Pacific Coast Highway and the 110 Freeway. The trade area draws from residential neighborhoods including Torrance, Rolling Hills Estates, and Palos Verdes, supported by daytime population from nearby medical centers, office users, and industrial employment hubs. The center is located within a retail cluster featuring Costco, Sam’s Club, Lowe’s, and national retailers, driving consumer traffic. The location is suited for high-frequency retail uses including quick-service food, dessert concepts, wellness-oriented users, and specialty retail.

Key Highlights

  • High‑traffic location in Torrance Crossroads anchored by The Home Depot and Vons.
  • Existing plumbing infrastructure reduces buildout costs.
  • Strong co‑tenancy with national brands drives customer traffic.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Hotel & Motel Food Market Grocery & Convenience Store Storage Facility

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
$10.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,004
Businesses Nearby
925k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 37% Dining 24% Shops & Services 20% Home Improvements & Furnishings 10%
Costco Wholesale Superstores
229,670 visits/mo 0.3 miles
Sam's Club Superstores
115,785 visits/mo 0.1 miles
Costco Gasoline Shops & Services
105,750 visits/mo 0.3 miles
In-N-Out Burger Dining
66,203 visits/mo 0.2 miles
VONS Groceries
58,515 visits/mo 0.0 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

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

What type of property is this?
Retail space - Second-generation food-oriented retail space in a high-traffic location.
Where is this retail space located?
The property is located at 24427-24451 Crenshaw Blvd Torrance, CA.
What is the lease rate?
The lease rate is $69 SF/Yr.
What are key features of this property?
This property features: High‑traffic location in Torrance Crossroads anchored by The Home Depot and Vons.; Existing plumbing infrastructure reduces buildout costs.; Strong co‑tenancy with national brands drives customer traffic.
(714) 335-9887 Call to check price and availability
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