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1330 Torrence AveCalumet City, IL 60409

Calumet City, IL - Net Lease Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 5,887-square-foot retail storefront, situated on a 1.25-acre lot at 1330 Torrence Avenue in Calumet City, Illinois (zip code 60409), presents a compelling net lease investment opportunity. The property boasts a strong annual net operating income (NOI) of approximately $180,000, generated by two established tenants: Metro by T-Mobile and Mission Dispensary. The building features a newly resealed and restriped parking lot with 55 spaces, enhanced by new exterior and parking lot LED lighting. Its prime location within Calumet City's retail business corridor ensures high visibility and accessibility, with immediate access to I-94 and a daily traffic count of 22,000 vehicles on Torrence Avenue. The property benefits from its proximity to the Indiana state line and the strategic advantage of being the only dispensary within a 5-mile radius. This turnkey investment offers a rare combination of strong tenant occupancy, excellent location, and significant upside potential. Contact us for pricing and a complete offering memorandum.

Highlights

  • Approximately $180,000 annual NOI.
  • 5,887 SF retail building on a 1.25-acre lot with two tenants.
  • Tenants include Metro by T-Mobile and Mission Dispensary.
  • 55 parking spaces in a newly resealed and restriped lot with new LED lighting.
  • Located in Calumet City's retail corridor with excellent visibility and I-94 access.
  • Only dispensary within a 5-mile radius, bordering Indiana.

Property Details for 1330 Torrence Ave

Property type
Retail properties, Retail space
Square Feet
5,887 SF

Location Insight

City
Calumet City
County
Cook
State
Illinois
Latitude
41.5981274
Longitude
-87.5595076
1330 Torrence Ave, Calumet City, Illinois

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1330 Torrence Ave
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