Most listings are in the $40's per square foot per year. The Cerritos region is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 19% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 8 listings have been made available, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 300% of the listings in the Cerritos are subleases, so you might be able to find a shorter term or below market rent. 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 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this area were built in 1986 and are Class A.
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 region. 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.