For Sale
$6,500,000

19112 Gridley RdCerritos, CA 90703

Modern Office Building, High Occupancy, Prime Location

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a 14,720 square foot modern office building situated on a nearly one-acre lot in Cerritos, CA's vibrant commercial district. Completed in 2014, the property enjoys a highly desirable location, within walking distance of the Los Cerritos Shopping Center, Starbucks, Target, and numerous other popular retail establishments. Its convenient plaza location also offers immediate proximity to 85В°C Bakery CafГ©, Gen Korean BBQ, Jollibee, and a variety of other restaurants and shops, ensuring high foot traffic and visibility. The building features ample parking and provides 24-hour access for maximum tenant and client convenience. Low management and maintenance costs have contributed to consistently high occupancy rates since its completion, resulting in a strong return on investment exceeding 7.5%. Approximately 3,500 square feet on the ground floor is currently utilized by the seller, offering immediate use for a new buyer or the possibility of a lease-back arrangement post-closing. This presents a rare chance to acquire a thriving commercial property with significant potential for growth and income generation in a prime Cerritos location. The property's strong performance history and strategic location make it an attractive investment for discerning buyers seeking a stable and profitable asset.

Property Details for 19112 Gridley Rd

Property type
Square Feet
14,720 SF
Year Built
2013
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Cerritos
County
Los Angeles
State
California
Latitude
33.85711
Longitude
-118.0904
19112 Gridley Rd, Cerritos, California

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19112 Gridley Rd
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