The typical asking rate per listing is in the $40's per square foot per year. The Cerritos submarket is going through a a boost in rates. In the last 3 months, the median rate increased $18 per sqft per year. That's a 68% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 14 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1988 and are Class A.