Torrance, California, is a coastal city in the Los Angeles metropolitan area that offers a unique blend of residential, commercial, and industrial districts, making it an ideal location for Retail Space For Lease. With a population of around 147,000 residents, Torrance provides a diverse and thriving community that supports a wide range of businesses. The city's infrastructure, including its main library facility, five library branches, Zamperini Field general aviation airport, and extensive highway and freeway system, makes it an attractive location for businesses looking to establish a strong presence in the region. Additionally, Torrance is home to several major corporations, including American Honda Motor Company, Acura, and Robinson Helicopters, which contributes to the city's strong economic landscape.
Torrance offers a range of Retail Space For Lease options, with 118 listings available. The average annual rent per square foot is $36 USD, with options ranging from $12 USD to $89 USD per square foot. Spaces range in size from 95 square feet to 29,550 square feet, with an average size of 3,152 square feet. In addition to Retail Space, Torrance also offers a range of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and benefits. For example, Restaurants in Torrance can take advantage of the city's thriving food scene, while Medical Offices can benefit from the city's strong healthcare infrastructure. Office Space in Torrance offers a range of options, from modern high-rise buildings to more traditional office spaces. Overall, Torrance provides a unique and diverse range of property options that cater to a wide range of businesses and industries.
What is the average cost per square foot for retail space in Torrance?
As of now, there are 118 available listings of retail space in Torrance, with an average annual rent of $36 USD per square foot, and an average size of 3,152 square feet, making it an attractive option for businesses looking to establish a presence in this coastal city.
How do anchor tenants affect surrounding retail space leases?
In Torrance, where there are currently 118 available listings of retail space for lease, anchor tenants can significantly impact surrounding retail space leases by driving foot traffic, increasing visibility, and creating a desirable shopping environment, which can lead to higher rental rates and more attractive lease terms for nearby retailers, as seen in popular shopping destinations like the Del Amo Fashion Center.
