Shopping Centers in Torrance, California, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing population of around 147,000 residents. As a hub for automotive manufacturing, aerospace, retail, and food production, Torrance provides a diverse range of industries that drive consumer demand. Shopping Centers in Torrance can represent a variety of investments, from strip centers and community shopping centers to power centers and regional malls, each with its own unique characteristics and benefits. With its ideal location near major highways and freeways, including I-110, I-405, SR 91, SR 107, and SR 1, Torrance offers easy access to the surrounding areas, making it an attractive location for businesses and residents alike. The city's amenities, such as the Del Amo Fashion Center, one of the largest malls in the United States, and the Torrance Memorial Medical Center, also contribute to its appeal. Additionally, Torrance is home to El Camino College, which enrolls over 25,000 students each semester, providing a steady stream of potential customers. With its warm-summer Mediterranean climate and beautiful beaches, Torrance is an attractive destination for both business and leisure travelers.
Torrance, California, is a city that offers a unique blend of industrial, commercial, and residential areas, making it an ideal location for Shopping Centers. With 7 Shopping Centers for sale, investors have a range of options to choose from. In addition to Shopping Centers, Torrance also offers a range of other property types, including Restaurants, which can benefit from the city's strong food production industry; Specialty Properties, which can capitalize on the city's diverse range of industries; Land, which can be developed to meet the growing demand for housing and commercial space; and Office Properties, which can serve the needs of the city's many businesses. With its strong economy, diverse industries, and ideal location, Torrance is a great place to invest in a Shopping Center. The city's many amenities, including its beautiful beaches, parks, and cultural events, also make it an attractive destination for both business and leisure travelers. Overall, Torrance offers a unique combination of opportunities and amenities that make it an attractive location for investors and businesses alike.
What is the average cap rate for shopping centers in Torrance?
The average cap rate for shopping centers in Torrance is 5.97%, making it an attractive option for investors looking to capitalize on the city's strong retail market, which is supported by a population of around 147,000 residents and a diverse range of local amenities, including the Del Amo Fashion Center, one of the largest malls in the United States.
