17525 S. Torrence Ave.

17525 S. Torrence Ave. Lansing, IL 60438

17525 S. Torrence Ave., Lansing, IL, 60438
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FOR LEASE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Last Verified:
Jul 19, 2024

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Highlights

  • Excellent visibility on Torrence Ave. and Interstate
  • 29,000 VPD on Torrence & 133,000 VPD on I-80/94
  • Shares parking with national retailers including Walmart
  • Divisible
  • Potential tax abatement
  • Ample Parking
  • Large Facade and Pylon signs available
  • Aggressive rates and LL incentives available
  • Adjacent land available
  • Loading docks

Description

FS Junior Box Retail Available at this strategic retail location on Torrence Ave. 25,461 sf available at the interchange of I-80 & I-94. with one dock. Torrence Ave. is a major retail corridor that sees over 29,000 vehicles per day and shares cross access and parking lot with Walmart Supercenter. Also available is a 1 acre parcel for ground lease, 150+ parking stalls and a potential 12 year tax abatement. Neighboring retails include; Walmart, Planet Fitness, Sprint, ATT, Dunkin, WingStop, TMobile, Subway, Mcdonald's, Jiffy Lube, and several national gas stations and car dealerships.

Torrence Avenue is a major retail corridor in Lansing, Illinois that sees over 29,000 VPD. It is located just off of I-94 and I-294 (sees over 133,000 VPD) which makes it easily accessible from Chicago and the surrounding suburbs. The corridor is home to a variety of stores and restaurants. The Torrence Avenue retail corridor is a popular destination for shoppers from all over the area. It is known for its wide variety of stores and restaurants, as well as its convenient location. The corridor is also home to a number of new development projects, which are expected to further enhance its retail offerings.


Year Built: 1996
Building Size: 25461sq ft
Lot Size: 3.08 acres


Documents

Brochure

Units for Lease

17525 S. Torrence Ave.
Space Available: 25461 SF
Lease Type: NNN

Map of 17525 S. Torrence Ave., Lansing, IL, 60438

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.