Price of Retail Space for Lease at 24427-24451 Crenshaw Blvd

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers. Retail space at Torrance Crossroads asks $5.50/SF/MO per square foot.

Type of Retail Space for Lease at 24427-24451 Crenshaw Blvd

The property includes 1,772 square feet of retail space for lease. Of this total, 1,772 square feet are Power Center. Lease agreement conditions for the availability at this property include NNN. For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

Amenities and Perks of Leasing Retail Space at Torrance Crossroads

You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

Torrance Crossroads - 24427-24451 Crenshaw Blvd, Torrance, CA

Space Available For Lease 1

24667-E/F

Space Type Power Center
Lease Rate $5.50/SF/MO
Total Space Available 1,772 SF
Divisible Space 1,772 - 1,772 SF
Available Date Immediate
Lease Type NNN
Renewal Option Yes
Sublease No

Now available for lease at Torrance Crossroads: an end cap ±1,772 square foot second-generation food, beverage, bakery, dessert, or specialty retail space within one of Torrance’s most established South Bay power centers. The space includes valuable existing food-service infrastructure, including floor drains, multiple sinks, and plumbing improvements, making it well suited for operators seeking a lower-barrier buildout opportunity. The premises are ideal for light food and beverage concepts that do not require a full kitchen hood or grease interceptor, including juice shops, smoothie concepts, acai bowl operators, bakeries, dessert users, ice cream shops, snack concepts, specialty food retailers, and other service-oriented retail uses.

Aaron Guido

CBM1

Contacts

Aaron Guido

CBM1

Property Details

Property Type Retail - Power Center
Property Size 480,394 SF
Year Built 1992
Date Updated May 18, 2026

Torrance Crossroads is strategically positioned at the signalized intersection of Crenshaw Boulevard and Lomita Boulevard, one of the most heavily trafficked retail corridors in the South Bay. The property benefits from exceptional visibility, high daily traffic counts, and immediate access to major regional arterials including Pacific Coast Highway and the 110 Freeway. This premier trade area draws from dense, affluent residential neighborhoods including Torrance, Rolling Hills Estates, and Palos Verdes, supported by strong daytime population from nearby medical centers, office users, and industrial employment hubs. The center sits within a dominant retail cluster featuring Costco, Sam’s Club, Lowe’s, and numerous national retailers, driving consistent daily consumer traffic. With average household incomes exceeding $140,000 within a 3-mile radius and a population base approaching 450,000 within 5 miles, this location is ideal for high-frequency retail uses including quick-service food, dessert concepts, wellness-oriented users, and specialty retail.Now available: End Cap ±1,772 SF second-generation food / beverage / bakery -oriented retail space at Torrance Crossroads, a dominant South Bay power center anchored by The Home Depot and Vons. The space features existing plumbing infrastructure including floor drains and multiple sinks, making it ideally suited for a wide range of light food, dessert, and beverage concepts that do not require a full kitchen hood or grease interceptor. Positioned within a high-performing retail environment with strong national co-tenancy including Sam’s Club, In-N-Out Burger, Chick-fil-A, and Wells Fargo, the site benefits from consistent daily traffic and strong crossover demand. Ideal uses includ juice and smoothie concepts, acai bowls, bakeries, dessert concepts, ice cream, snack concepts, or other specialty food users. The space is also well suited for select service retail uses seeking a high-traffic End Cap location. This is a rare opportunity to secure a partially improved food-capable space in one of Torrance’s most established retail corridors with reduced buildout requirements.

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Highlights

Affluent and dense trade area with average household incomes exceeding $140,000 within 3 miles
Ample parking and convenient ingress/egress supporting high-frequency retail uses
Anchored by The Home Depot and Vons with strong national co-tenancy including Sam’s Club, In-N-Out Burger, Chick-fil-A, and Wells Fargo
End Cap 2nd generation food-oriented retail space with existing plumbing including floor drains and sinks
Located at the signalized intersection of Crenshaw Blvd and Lomita Blvd with excellent visibility and access
No hood or grease interceptor – ideal for light food, dessert, and beverage concepts (non-coffee use)
Positioned within a dominant South Bay retail corridor surrounded by major national retailers and traffic generators
Strong daytime population driven by nearby medical, office, and industrial users

Attachments

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Getting around

64/100
Walk Score ®
33/100
Transit Score ®
61/100
Bike Score ®

Powered by Walk Score ®

City Torrance, CA
Neighborhood Walteria
Zip Code 90505
Market Los Angeles

Points of Interest

Redondo Beach

6.63 miles
Del Amo

7.49 miles
Douglas

7.60 miles
Wardlow

7.79 miles
Pacific Avenue

8.15 miles
Pacific Coast Highway

8.16 miles
Anaheim Street

8.24 miles
Crenshaw

8.37 miles
5th Street

8.37 miles
El Segundo

8.40 miles

Torrance Fuel

0.25 miles
Chevron

0.63 miles
ChargePoint

1.05 miles
7-Eleven

1.08 miles
76

1.19 miles
Shell

1.43 miles
Mobil

1.48 miles
eVgo

2.32 miles
Tesla

2.37 miles
BTCPower

2.72 miles

Hillside Village

1.21 miles
Walgreens Parking

1.43 miles
parking structure

1.70 miles
San Rafael Club House

2.07 miles
Harbor-UCLA Employee Parking

2.82 miles
Lot 6

2.88 miles
hospital parking structure

2.88 miles
Harbor Park Park And Ride

2.98 miles
Lot 8

3.02 miles
gravel parking

3.02 miles

The Flame Broiler

0.00 miles
On + On

0.01 miles
Gen Korean BBQ

0.13 miles
Ginza

0.14 miles
L&L Hawaiian Barbecue

0.14 miles
Subway

0.14 miles
Philly's Best

0.14 miles
Jamba

0.14 miles
In-N-Out Burger

0.14 miles
Wingstop

0.15 miles

Vons

0.06 miles
ALDI

0.23 miles
Pacific Sales, Kitchen & Home

0.42 miles
Kohl's

0.70 miles
Smart & Final

0.74 miles
Whole Foods Market

0.81 miles
Trader Joe's

0.94 miles
Big Lots

1.18 miles
Ralphs

1.18 miles
Hawthorne Market

1.19 miles

24427-24451 Crenshaw Blvd Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

Retail space at Torrance Crossroads asks $5.50/SF/MO per square foot.
The property includes 1,772 square feet of retail space for lease. Of this total, 1,772 square feet are Power Center.

Lease agreement conditions for the availability at this property include NNN.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.