Cerritos Office Market Trends

Office Rental Market

  • $32.28 2019 Avg. Asking Rent
  • 10.44 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Cerritos was $32.28 per square foot, and the office vacancy rate across the market averaged 10.44 %. During 2019, developers added 0 square feet of new office space to the Cerritos market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Cerritos Class A Office Buildings$34.98
  • Cerritos Class B Office Buildings$30.92
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Cerritos, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Cerritos, CA

  • Cerritos, CA Total Sqft completed in 2019 0
  • Cerritos, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Cerritos
Building name Address Total Sqft Year built
Cerritos Corporate Center - 12900 Park Plaza Drive 12900 Park Plaza Drive, 90703 221,200 1999
Plaza Tower 18000 Studebaker Road, 90703 184,179 1986
Cerritos Center Court 17777 Center Court Drive North, 90703 165,678 2002
Cerritos Towne Center - 17785 Center Court 17785 Center Court Drive North, 90703 142,618 1990
Cerritos Towne Center III 17785 Center Court Drive, 90701 142,618 1990
Cerritos Towne Center - 12750 Center Court 12750 Center Court Drive South, 90703 140,119 1988
Cerritos Corporate Center - 12911 183rd Street 12911 183rd Street, 90703 108,372 2001
12800 Center Court Drive 12800 Center Court Drive South, 90703 104,000 2008
Cerritos Towne Center - 12610 & 17871 Park Plaza Drive 12610 Park Plaza Drive, 90703 101,465 1989
Avanti Business Center 17215 Studebaker Road, 90703 94,763 1982
Largest Office Properties Recently Completed in Cerritos
Office building Address Sqft Completed
12800 Center Court Drive 12800 Center Court Drive South, 90703 104,000 2008
Cerritos Center Court 17777 Center Court Drive North, 90703 165,678 2002
Cerritos Corporate Center - 12911 183rd Street 12911 183rd Street, 90703 108,372 2001
Cerritos Corporate Center - 12900 Park Plaza Drive 12900 Park Plaza Drive, 90703 221,200 1999
Cerritos Towne Center - 12898 Towne Center Drive 12898 Towne Center Drive, 90703 80,821 1993
Cerritos Towne Center - 17785 Center Court 17785 Center Court Drive North, 90703 142,618 1990
Cerritos Towne Center - 12610 & 17871 Park Plaza Drive 12610 Park Plaza Drive, 90703 101,465 1989
Cerritos Towne Center - 12750 Center Court 12750 Center Court Drive South, 90703 140,119 1988
Plaza Tower 18000 Studebaker Road, 90703 184,179 1986
12881 166th Street 12881 166th Street, 90703 45,864 1984
Data provided by Commercial Edge

Office Spaces for Rent in California

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The Cerritos office market contains an inventory of 1,736,373 square feet of office space, in 24 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Cerritos commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.