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LEASE ANALYTICS   |    BASED ON CURRENT OF 1,500 - 2,500 SQFT RETAIL FOR TORRANCE, CA 

RENTAL RATE

Current Avg $3.72 plus NNN

3 year avg $3.79

5 year avg $3.70

Rental Rate Range:

$2.93+NNN - $3.87+NNN

VACANCY RATE

Current Avg 9.5%

3 year avg 6.54%

5 year avg 5.77%

MORE STATS

 

Lease Renewal Rate

     - Last 24 months: 70.8%

Population Growth

     - .01%

                                                      updated Jan, 2021

DEMOGRAPHICS   |    BASED ON A 2 MILE RADIUS OF 24218 CRENSHAW BLVD, TORRANCE, CA 

POP. GROWTH

2020 Population                     104,005

% Pop Growth 2010 - 2020      0.1

% Pop Growth 2020 - 2025     -0.1

2020 Med Age                         41.3

HOUSEHOLDS

2020 Households                   38,549

% HH Growth 2010 - 2020      0.2

% HH Growth 2020 - 2025     -0.1

INCOME

2020 Median HH Income     83,586

2020 Med Home Value    $747,831

 

Total Employees                     55,841

 

© 2020 Equinox Strategic Partners, Inc.

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Equinox Strategic Partners, Inc

DBA: EquinoxCRE & Equinox Properties

EquinoxCRE.com

admin@EquinoxCRE.com

Office (310) 294-3694

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