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River Place Shopping Center 17030 Torrence Ave 6,200 - 17,630 SF of Retail Space Available in Lansing, IL 60438
Highlights
- Two Pylon Signs, both on Torrence Ave. and 170th St.
- Facade Signage
- Major thoroughfare surrounded by National Tenants
- Drive-thru Dunkin & Culver's on Site
- Excellent visibility and traffic counts
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,200 SF | Negotiable | $20.54 CAD/SF/YR $1.71 CAD/SF/MO $127,375 CAD/YR $10,615 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 11,430 SF | Negotiable | $20.54 CAD/SF/YR $1.71 CAD/SF/MO $234,821 CAD/YR $19,568 CAD/MO | Triple Net (NNN) |
1st Floor
Retail/Office space available at this strategic retail location, situated along Torrence Avenue, a major retail corridor that sees over 29,000 vehicles per day. The site comprises both national and local tenants, including Dunkin and Subway. Neighboring tenants include: Culver’s, BP, Chili’s, Hooters, Wendy’s, Burger King, Chase Bank, Aldi, Home Depot, and more. The property is just off of I-80 and I-294, seeing over 133,000 VPD, connecting Chicago and the surrounding suburbs.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Fits 16 - 50 People
1st Floor
Retail/Office space available at this strategic retail location, situated along Torrence Avenue, a major retail corridor that sees over 29,000 vehicles per day. The site comprises both national and local tenants, including Dunkin and Subway. Neighboring tenants include: Culver’s, BP, Chili’s, Hooters, Wendy’s, Burger King, Chase Bank, Aldi, Home Depot, and more. The property is just off of I-80 and I-294, seeing over 133,000 VPD, connecting Chicago and the surrounding suburbs.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Fits 29 - 92 People
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.
Site Plan
Select Tenants at River Place Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Black Eyed Susan
- Restaurant
- 1
- Local
- BYOB Fitness
- Services
- 1
- -
- Dollar General
- Dollar/Variety/Thrift
- 22,336
- International
- Grupo NGN
- Information
- 1
- National
- Physical Therapy and Sports Injury Rehabilitation
- Health Care and Social Assistance
- 2
- Regional
- SVS Vision
- Optical
- 125
- National
| Tenant | Description | US Locations | Reach |
| Black Eyed Susan | Restaurant | 1 | Local |
| BYOB Fitness | Services | 1 | - |
| Dollar General | Dollar/Variety/Thrift | 22,336 | International |
| Grupo NGN | Information | 1 | National |
| Physical Therapy and Sports Injury Rehabilitation | Health Care and Social Assistance | 2 | Regional |
| SVS Vision | Optical | 125 | National |
Property Facts
| Total Space Available | 17,630 SF | Total Land Area | 1.31 AC |
| Property Type | Retail | Year Built | 1986 |
| Gross Leasable Area | 39,728 SF | Parking Ratio | 2.52/1,000 SF |
| Total Space Available | 17,630 SF |
| Property Type | Retail |
| Gross Leasable Area | 39,728 SF |
| Total Land Area | 1.31 AC |
| Year Built | 1986 |
| Parking Ratio | 2.52/1,000 SF |
Features and Amenities
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
Presented by
River Place Shopping Center | 17030 Torrence Ave
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