Cerritos Retail

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 22, 2017

Cerritos Rates

The typical asking rate per listing is in the $40's per square foot per year. The Cerritos region is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 14% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Cerritos Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings most likley are leasing quickly. 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 find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, 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 market are around 1 floors. Most buildings in this market 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