Cerritos, CA 90703,19112 Gridley Road
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Cerritos, CA 90703,19112 Gridley Road
Cerritos, CA 90703,19112 Gridley Road
Cerritos, CA 90703,19112 Gridley Road
Cerritos, CA 90703,19112 Gridley Road
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Listed by Danny Yao • Universal Elite Inc.
$ 6,500,000
Est. payment /mo
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19112 Gridley Road Cerritos, CA 90703

14,720 SqFt


UPDATED:

10/02/2024 12:44 PM

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 14,720 sqft

Price per Sqft $441

MLS Listing ID CROC24203919

HOA Y/N No

Originating Board Datashare California Regional

Year Built 2013

Lot Size 0.972 Acres

Property Description

Discover an exceptional investment opportunity in the heart of Cerritos’ bustling commercial district! This modern office building, completed in 2014, sits on nearly one acre and offers easy access to top amenities. Enjoy a short walk to the Los Cerritos Shopping Center, Starbucks, Target, and other popular chain stores. it is located in the same plaza with 85°C Bakery Café, Gen Korean BBQ, Jollibee Chicken, and many other popular restaurants and stores. The property boasts ample parking and 24-hour access, making it convenient for tenants and clients alike. With low management and maintenance costs, this building has maintained high occupancy rates since completion, yielding over 7.5% returns. Current seller uses around 3500 sf on the first floor which the new buyer may can use immediately or seller lease back upon closing. Don’t miss out on this rare chance to invest in a thriving location with endless potential!

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

Water Public


Bay East AOR and Contra Costa AOR

Ikenna Ezeude

Broker Associate | License ID: 01777165 | NMLS ID: 877333

+1(510) 928-3541

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19112 Gridley Road