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Lansing Square 17555 S Torrence Ave 1,500 - 3,900 SF of Retail Space Available in Lansing, IL 60438
HIGHLIGHTS
- 2 Retail Units Available 1200-1500 SF
- Hood in Place at Former China Chef ( 1,200 SF)
- Excellent Traffic Counts with 43,262 VPD on Torrence Ave
- Excellently Anchored by Walmart, Planet Fitness, Kali Beauty & Chick-Fil-A
- One Block South of 80/94 & Torrence Ave Interchange
- 871 Parking Spots
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 17645 | 1,500 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $36,000 /YR $3,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 17659 / 014 | 2,400 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $57,600 /YR $4,800 /MO | Triple Net (NNN) |
17643-17675 S Torrence Ave - 1st Floor - Ste 17645
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
17643-17675 S Torrence Ave - 1st Floor - Ste 17659 / 014
Former restaurant space for Champions BBQ.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,900 SF | Frontage | Torrence |
| Center Type | Community Center | Gross Leasable Area | 192,265 SF |
| Parking | 871 Spaces | Total Land Area | 26.28 AC |
| Stores | 20 | Year Built | 1991 |
| Center Properties | 3 |
| Total Space Available | 3,900 SF |
| Center Type | Community Center |
| Parking | 871 Spaces |
| Stores | 20 |
| Center Properties | 3 |
| Frontage | Torrence |
| Gross Leasable Area | 192,265 SF |
| Total Land Area | 26.28 AC |
| Year Built | 1991 |
ABOUT THE PROPERTY
2 units available ranging from 1500-2400 SF in Walmart Outlot building now for lease in Lansing, IL. Excellently anchored with not only Walmart but with Planet Fitness and Kali Beauty on the backside of this Outlot building. Brand new Chick-Fil-A being built next door as well. The center is located one block off of the 80/94 & Torrence Ave Interchange. Excellent traffic counts with 43,262 VPD on Torrence Ave & 211,708 VPD on 80/94. Lansing is a village in Chicago’s south suburbs. It has a population of 28,000 (2022 US Census) and is part of Cook County. The village is conveniently located along Interstate-80/94 immediately east of the Interstate-94/294 interchange. This provides easy access to Downtown Chicago, Indiana, and the rest of Chicagoland. Cook County is located in Eastern Illinois along Lake Michigan. It has a population of 5,275,541 (2020). Chicago (Population: 2,746,388 (2020) is the county seat. It is the most populous county in Illinois and second most populous county in the United States
- Restaurant
NEARBY MAJOR RETAILERS
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Lansing Square | 17555 S Torrence Ave
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