Most listings are in the $30's per square foot per year. The Cerritos region is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 18% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,190 sqft. Most buildings in this area are around 1 stories. Most buildings in this area were built in 1989 and are Class A.