Cerritos Commercial Real Estate

18000 Studebaker Rd - 2 Spaces Cerritos, CA can be combined with Suite 680
Sep 20
1,440 - 7,080
sqft
Office
Cerritos' Sub Markets

Cerritos

Market Report

Number of Listings
Posted in the last 90 days
7
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
4,050

Cerritos Rates

The typical asking rate per listing is in the $30's per square foot per year. The Cerritos region is experiencing a decline 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 region has greater rates, and you'll need to pay a premium to be in this hot submarket.

Cerritos Listing Supply

In the last 90 days, 180 listings have been posted online, 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,050 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 floors. Most buildings in this market were built in 1986 and are Class A.

Cerritos Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the occupants of Cerritos work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Cerritos.
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