Most listings are in the $30's per square foot per year. The Cerritos submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 180 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Cerritos are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,050 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this market were built in 1986 and are Class A.
Real time and historical data on commercial real estate listings in Cerritos.
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