Most listings are in the $40's per square foot per year. The Cerritos submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $18 per sqft per year. That's a 68% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cerritos region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, 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 region are around 1 stories. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of Cerritos work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.