Cerritos Office Space

Cerritos

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
3,200
As of: July 23, 2017

Cerritos Rates

On average, listings lease in the $40's per square foot per year. The Cerritos submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 14% increase 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.

Cerritos Listing Supply

In the last 90 days, 8 listings have been listed, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 300% of the listings 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this region were built in 1986 and are Class A.

Cerritos Community

Market Report

Trends and status of the commercial real estate market in Cerritos.
Market Report

Market Data

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

Cerritos Submarkets