Most listings are in the $30's per square foot per year. The Cerritos submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 12% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 8 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 300% of the available space in the Cerritos are subleases, so you might be able to snag a great spot on a short term. 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 3,920 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this region were built in 1986 and are Class A.