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 statusActive
Size1,772 SF
ClassA
Property subtypeRetail, Office, Restaurant
Lease TypeNNN
Building Details
Building Size480,394 SF
Year Built1992
TenancyMultiple
Spaces For Lease
at 24427-24451 Crenshaw BlvdContact us
End Cap
Size
1,772 SF
Type
Office, Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency:CBM1 West Los Angeles(714) 335-9887
Listed By:Aaron Guido · License #CA 01924254
Source:Crexi
Added: Sep 17, 2022Changed: Aug 8Last 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.
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
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.