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.
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.