17643-17675 S Torrence Ave - Freestanding FOR SALE
Lansing, IL 60438 |
17643-17675 S Torrence Ave
Lansing, IL 60438
HIGHLIGHTS
- Lansing Square includes a 46,738-SF multi-tenant retail center 89% occupied by a diverse tenant mix, including anchor tenant Planet Fitness.
- Sits along the SR-83 commercial corridor, shadow-anchored by a Walmart Supercenter and less than two miles from River Oaks Center Mall.
- Lansing Square provides an annualized scheduled rent of $725,316, with a in place NOI of $313,965.
- Over 229,000 residents within five miles, providing retail spending of more than $2.1 billion across 2022.
- Chick-Fil-A is coming soon to this premier shopping center, and is expected to bolster the overall center traffic.
- Directly off Interstate 80 & 94, providing immediate access to the densely travelled commuter routes that see over 200,000 vehicles per day.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walmart Shadowed Performing Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
46738
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
871
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
30-30-305-037-0000,30-30-305-039-0000
