BID DUE DATE:
7/09/21

OFFERING PRICE:
$27,891,000

TOTAL BUILDING AREA:
±45,654 SF
FEATURED LISTING:
TORRANCE CROSSROADS
24631 Crenshaw Blvd  |  Torrance, CA
INVESTMENT HIGHLIGHTS
 

 
Torrance Crossroads is a ±45,654 SF center anchored by HomeGoods (NYSE: TJX) and credit co-tenants including Chipotle (NYSE: CMG), IHOP, Jersey Mike’s Subs and regional tenants with cult followings such as Gyu-Kau and Chicken Maison
 
Torrance Crossroads enjoys a “hub” location within the Los Angeles’s greater South Bay trade area with adjacent tenants including, Sam’s Club, Lowe’s, and Costco among others
 

 
Located along major arterial, Crenshaw Blvd (±47,000 CPD), connecting Torrance with the communities that comprise the Palos Verdes Peninsula to the south and greater Los Angeles to the north
 
Historical occupancy at Torrance Crossroads exceeds 98% over the past several years, demonstrating resistance to recession and pandemic, as well as strong tenant demand
 
Excellent Demographics with more than 471,000 residents in a 5-mile radius with an Average Household Income exceeding $125,000

 

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
MEGAN LANNI
+1 949 725 8423
Lic. 01516027
megan.wood@cbre.com
JAMES TYRRELL
+1 949 725 8473
Lic. 02012964
james.tyrrell@cbre.com
PHILIP D. VOORHEES
+1 949 725 8521
Lic. 01252096
phil.voorhees@cbre.com
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