16809 Torrence Ave Lansing, IL 60438
This exceptional single-tenant retail opportunity encompasses a substantial 24,725 square foot big box space, currently vacant and ready for immediate occupancy. Situated on a 0.74-acre lot, this property boasts a highly visible location on Torrence Avenue, benefiting from daily traffic exceeding 25,000 vehicles. Its strategic placement provides convenient access to major thoroughfares, including I-294 and I-94, ensuring optimal exposure and accessibility for your business. The property is zoned B-3 and features a convenient cross street access at 170th Street. The location is further enhanced by its proximity to a cluster of high-performing national retailers, including Home Depot and ALDI, creating a synergistic environment and attracting significant foot traffic. This presents a unique chance to establish a strong presence in a thriving retail corridor. The property's APN is 30-19-300-017-0000. Flexible lease terms are available, making this an attractive proposition for a variety of retail businesses. Don't miss this chance to secure a prime retail space in a high-traffic, established retail center.
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Heathman Garage Door Repair Building Supply General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.