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191 Commercial Real Estate Listings in Cerritos, CA

  • Cerritos Village Center - Cerritos
    19101-19147 Bloomfield Avenue, Cerritos, CA 90703
    For Lease $1.95/Sqft/Month
    Property
    • Retail
    Availability
    • 3 Spaces
    • 5,297 Sqft
  • Cerritos Industrial Park - 16800 Edwards Road - Cerritos
    16800 Edwards Road, Cerritos, CA 90703
    For Lease $10.68/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 30,376 Sqft
  • Cerritos Corporate Center - 13910, 13915 & 13950 Cerritos Corporate Drive - Cerritos
    13910 Cerritos Corporate Drive, Cerritos, CA 90703
    For Lease $10.68/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 41,438 Sqft
  • Cerritos Business Center - Cerritos
    17405 Valley View Avenue, Cerritos, CA 90703
    For Lease $12.96/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 23,246 Sqft
  • 16610 Marquardt Avenue - Cerritos
    16610 Marquardt Avenue, Cerritos, CA 90703
    For Lease $8.28/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 73,516 Sqft
  • 13747 Midway Street - Cerritos
    13747 Midway Street, Cerritos, CA 90703
    For Lease $10.8/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 51,170 Sqft
  • Avanti Business Center - Cerritos
    17215 Studebaker Road, Cerritos, CA 90703
    For Lease $21 - $24/Sqft/Year
    Property
    • Office
    Availability
    • 7 Spaces
    • 7,915 Sqft
  • 12800 Center Court Drive - Cerritos
    12800 Center Court Drive South, Cerritos, CA 90703
    For Lease $35.4/Sqft/Year
    Property
    • Office
    Availability
    • 4 Spaces
    • 14,662 Sqft
  • 17817 Valley View Avenue - Cerritos
    17817 Valley View Avenue, Cerritos, CA 90703
    For Lease $8.52/Sqft/Year
    Property
    • Industrial
    Availability
    • 1 Space
    • 146,640 Sqft
  • Plaza Tower - Cerritos
    18000 Studebaker Road, Cerritos, CA 90703
    For Lease $31.8/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 26,400 Sqft
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  • Cerritos Professional Center - Cerritos
    10900 183rd Street, Cerritos, CA 90703
    For Lease $21.6 - $24/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 4,173 Sqft
  • Cerritos Towne Center - 12610 & 17871 Park Plaza Drive - Cerritos
    12610 Park Plaza Drive, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 6 Spaces
    • 71,595 Sqft
  • Cerritos Office Park - Cerritos
    17316 Edwards Road, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 2,251 Sqft
  • Del Amo Plaza - Cerritos
    11853 Del Amo Blvd, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Retail
    Availability
    • 4 Spaces
    • 4,577 Sqft
  • Cerritos Towne Center - 17785 Center Court - Cerritos
    17785 Center Court Drive North, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 5 Spaces
    • 26,534 Sqft
  • Cerritos Promenade - 11525 South Street - Cerritos
    11525 South Street, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Retail
    Availability
    • 4 Spaces
    • 4,996 Sqft
  • Cerritos Promenade - Cerritos
    11401 South Street, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Retail
    Availability
    • 3 Spaces
    • 10,594 Sqft
  • Cerritos Towne Center - 12750 Center Court - Cerritos
    12750 Center Court Drive South, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 3 Spaces
    • 7,438 Sqft
  • Cerritos Center Court - Cerritos
    17777 Center Court Drive North, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 4,369 Sqft
  • Cerritos Towne Center - Cerritos
    12831 Towne Center Drive, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Retail
    Availability
    • 7 Spaces
    • 23,908 Sqft
  • Cerritos Corporate Center - 12900 Park Plaza Drive - Cerritos
    12900 Park Plaza Drive, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 43,876 Sqft
  • 12836 Alondra Blvd - Cerritos
    12836 Alondra Blvd, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
    • 90,000 Sqft
  • Cerritos Towne Center V - Cerritos
    17871 Park Plaza, Cerritos, CA 90701
    For Lease $29.4/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 5,761 Sqft
  • 13855 Struikman Road - Cerritos
    13855 Struikman Road, Cerritos, CA 90703
    For Lease Contact for pricing
    Property
    • Industrial
    Availability
    • 1 Space
  • Cerritos Corporate Center - 13825 Cerritos Corporate Drive - Cerritos
    13825 Cerritos Corporate Drive, Cerritos, CA 90703
    For Lease $0.99/Sqft/Month
    Property
    • Industrial
    Availability
    • 1 Space
    • 10,581 Sqft

Cerritos, CA Commercial Real Estate

There are currently 190 commercial listings available in Cerritos, CA. These listings include 72 commercial spaces that encompass a total of 851,626 square feet. Available commercial spaces in Cerritos, CA range in size from 234 square feet to 146,640 square feet. A total of 159 off-market commercial properties located in Cerritos, CA are also available for research.

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Cerritos, CA Economic Overview

Location Photo

An affluent suburban city in Los Angeles County, California, Cerritos is one of several cities that make up the Gateway Cities of southeast Los Angeles County. Cerritos is Spanish for “little hills”, but was formerly named Dairy Valley due to the preponderance of dairy farms in the area. Now, Cerritos is the thriving heart of the Los Angeles/Orange Country metro center, home to over 49,000 residents, midway between Downtown Los Angeles and the business centers of Irvine, Santa Ana, and Anaheim. As the geographic center of the Los Angeles Basin, Cerritos commercial real estate has become one of Southern California’s premier crossroads for visitors and businesses. While Cerritos’ central location has spurred its growth, innovation and leadership have sustained and supported it. Beautifully maintained neighborhoods, carefully planned retail areas, abundant recreational facilities, and a world-class performing arts center make Cerritos an exciting, attractive place to live and work.

Cerritos maintains a thriving retail market, with its major source of revenue coming from retail sales tax. Employment within Cerritos is primarily located in two districts, Los Cerritos Shopping Center and Cerritos Industrial Park. According to the California State Board of Equalization, Cerritos residents are the second highest retail spenders in California, second only to Beverly Hills. Cerritos possesses a large job base and a mix of global and local businesses, with the retail sector and other service industries continuing to evolve, while some of its more historic economic sectors phase out. The largest employers in the Cerritos area include its ABC Unified School District, the United Parcel Service, and AT&T Wireless Services. The regional growth in service industries creates an opportunity as Cerritos develops new office space, but also challenges the existing industrial uses, which comprise much of the local job base.

Cerritos, CA Commercial Real Estate Market

Cerritos has taken a series of proactive steps to build a diverse business base that takes advantage of its strategic location and opportunities afforded by the Los Angeles/Orange Country economy. The Cerritos Towne Center has demonstrated that the market will support office uses in the community if spaces for those uses are built. As the regional economy transitions away from industrial uses, Cerritos has prepared plans for reusing existing parcels for office use. Compared to the rest of the Metropolitan Los Angeles market, the Cerritos submarket is a hot one with greater rental rates and a recent boost in rates in 2017. The office market in the area maintains a particularly low vacancy rate, averaging at 7%. As of mid-2017, Cerritos has approximately 1.4 million square feet in total office space and 4.6 million square feet in total retail space, including the Los Cerritos Center and Cerritos Towne Center. Finance and insurance are the dominant industries currently occupying office space in the region, outside of retail commercial use.

Cerritos Towne Center is a retail park located in the center of Cerritos that combines retailing, office, and entertainment in one master space. The Cerritos Center for Performing Arts is located within the southwestern part of the project, with the Cerritos High School, Cerritos City Hall, Cerritos Sheriff Station, and the Cerritos Millennium Library all located across the street. The Cerritos Towne Center office market offers a wide selection of office space and is collectively referred to as Downtown Cerritos

Cerritos Auto Square is a planned auto mall—the largest in the world—combining all auto dealers within Cerritos into one, large three-block center accessible through two freeways.

Los Cerritos Center has been an integral source of retail tax to City revenue since 1971. The Los Cerritos Center maintains a total gross lease area of over 1.2 million square feet and is the city’s largest tax revenue source, producing $800/SF in 2015.

Cerritos, CA Office Rental Rates ($/SF/year)

Data provided by Yardi Matrix, for properties larger than 50K SF.

Cerritos, CA Office Sales

Data provided by Yardi Matrix, for properties larger than 50K SF, which sold at over $5M.

Cerritos, CA Commercial Inventory Breakdown

Office Spaces

Total: 1,482,578 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 314,947 SF / 21.24% of total office
  • 100k to 500k SF: 1,167,631 SF / 78.76% of total office

By class:

  • Class A: 490,878 SF / 33.11% of total office
  • Class B: 991,700 SF / 66.89% of total office

Industrial

Total: 10,402,451 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 2,416,229 SF / 23.23% of total industrial
  • 100k to 500k SF: 7,986,222 SF / 76.77% of total industrial

By class:

  • Class A: 943,347 SF / 9.07% of total industrial
  • Class B: 9,459,104 SF / 90.93% of total industrial

Office Spaces with Retail

Total: 4,297,348 SF

Data provided by Yardi Matrix, properties over 50k SF

By square footage range:

  • 50k to 100k SF: 1,237,518 SF / 28.8% of total office with retail
  • 100k to 500k SF: 1,767,830 SF / 41.14% of total office with retail
  • > 1M SF: 1,292,000 SF / 30.07% of total office with retail

Employment in Cerritos, CA

Employment

Cerritos’ employment base totals over 38,500 jobs, with high concentrations of employment in retail, wholesale trade, manufacturing, and transportation/warehousing. At a regional level, service industries have been the best performing in terms of employment concentration and job growth, while many of the industrial sectors have declined regionally.

According to the BLS, the industries in the Los Angeles-Long Beach-Glendale, CA area with the highest employment numbers include:

  • Trade, Transport, and Utilities—currently employs 819,000, growing at a yearly rate of 0.4%
  • Education and health services—currently employs 797,100, growing at a yearly rate of 3.3%
  • Professional and business services – currently employs 614,300, growing at a yearly rate of 2.7%

Education in Cerritos, CA

The majority of Cerritos is served by the ABC Unified School District, with a small portion of the west side of the city under the jurisdiction of the Bellflower Unified School District. Cerritos is home to Whitney High School, currently ranked the best school in California and 27th nationwide, per 2012’s U.S. News & Report. Cerritos is also serviced by Cerritos College and Fremont College.

Commuting Time in Cerritos, CA

The average commuting time in Cerritos is 30.6 minutes. Employees in Cerritos have a longer average commute than the national average of 24.8 minutes. The largest share of workers in Cerritos drove alone in 2015, followed by those who carpooled and worked at home.

Cerritos owns a fleet of federally funded buses known as the Cerritos on Wheels (COW), which has stops throughout town. The acronym, “COW”, is also a tribute to the City’s origins as Dairy Valley, when cows once outnumbered residents. COW connects to the Long Beach Transit, Orange County Transportation Authority, Norwalk Transit and Los Angeles MTA Buses at overlapping stops on the borders of the City. Wi-Fi Internet is also provided on these buses.

Cerritos is directly serviced by three major California freeways:

  • SR 91 (the Artesia Freeway) cuts through the center of the City
  • Interstate 605 (the San Gabriel River Freeway) runs along the west wide between the Los Cerritos Center and Auto Square
  • Interstate 5 (the Santa Ana Freeway) grazes Cerritos at the northeast border

The nearby Port of Los Angeles and Port of Long Beach are major ports of entry from the Pacific Ocean for importing and exporting goods. Airports nearby include Los Angeles International Airport (LAX), John Wayne Airport in Orange Country, Bob Hope Airport in Burbank, and the Long Beach Municipal Airport.

Cerritos Demographics

Population

  • Total Population50,143
  • Male Population(49.4 %) 24,757
  • Female Population(50.6 %) 25,386
  • Median Age45.80

Income/Financial

  • Average Household Income$124,392
  • Median Household Income$106,190
  • Median Income Under 25$26,630
  • Median Income 25-44$117,024
  • Median Income 45-64$122,776
  • Median Income Over 65$72,364

News

  Rexford Industrial Realty has recently acquired an industrial property in Cerritos, Calif., in the low-vacancy Los Angeles Mid-Counties submarket. The company, which operates in the Southern California infill markets, purchased the 115,600-square-foot building in a $17.2 million transaction—eq...