17030 Torrence Ave | Lansing, IL 60438
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- LoopNet Team
17030 Torrence Ave
Lansing, IL 60438
River Place Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 97% leased to a strong mix of national and local tenants; most of which are e-commerce resistant
- Multiple capital improvements within the last 3 years; Full roof replacement, newly upgraded signage, tuck pointing throughout, multiple HVAC units
- Excellent demographics, located within a densely populated area, over 100,000 people within 3-mile radius
- Tenants are all signed to landlord favorable net leases providing a hedge against inflation
PROPERTY FACTS
Property Type
Retail
Building Size
39,728 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
1.31 AC
Zoning
B3 - General Business
Parking
100 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
611’ on TORRENCE AVE
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $579,711 | |
| Land Assessment | $115,330 | Total Assessment | $695,041 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$115,330
Improvements Assessment
$579,711
Total Assessment
$695,041
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