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    16837-16839 Torrence Ave Lansing, IL 60438
    Property profile & analytics

    16837-16839 Torrence Ave, Lansing, IL 60438

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    • Lifestyle centers
    • 8,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 16837-16839 Torrence Ave

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 8,000-square-foot freestanding retail building presents a unique investment opportunity in Lansing, Illinois. Situated at 16837-16839 Torrence Avenue, this single-story property boasts excellent visibility and high traffic counts, with Torrence Avenue seeing 22,200 vehicles per day. The building is part of The Landings Shopping Center, offering convenient access and synergy with established businesses. The property comprises two units within a single building, providing flexibility for various retail uses. Its strategic location offers easy access to major transportation arteries, including Interstates 94 and 294, ensuring convenient access for customers and employees. Furthermore, its proximity to River Oaks Shopping Mall, less than one mile away, provides additional exposure to a large consumer base. The property's zoning allows for a variety of uses, and its potential as a cannabis dispensary location is a significant advantage in the current market. This is a rare opportunity to acquire a well-located, high-visibility retail property with significant growth potential. The 8,000 square feet of net rentable space offers ample room for a variety of retail concepts. This property is ready for immediate occupancy and presents a compelling investment opportunity for discerning buyers.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5581
    Latitude
    41.5895
    More about this property
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