Cerritos, CA Office Overview
Cerritos neighbors the Commerce, La Mirada, and Santa Fe Springs City commercial real estate markets. While the city has a population of just over 50,000 residents, it is also part of the much larger Los Angeles metro area, which is home to over 13 million people, creating a consistent demand for office space.
As of mid-2017, the Cerritos market encompasses nearly 1.5 million square feet of office space in properties larger than 50,000 square feet. The city benefits from its proximity to both Long Beach and Los Angeles, and the strong mix of larger retail, manufacturing, and distribution business within its borders.
Cerritos, CA Office Inventory Description
As one of the gateway cities to Southeast Los Angeles County, Cerritos is part of the greater Los Angeles - Long Beach - Anaheim metropolitan statistical area and makes its contribution to the region's $682 billion in gross annual metropolitan product. Nearly two-thirds of the office space in the city is Class B, while Class C product adds another one million square feet of inventory to the market.
Some of the larger office properties, include Cerritos Towne Center - 12750 Center Court, Plaza Tower at 18000 Studebaker Road, and the Avanti Business Center.
Cerritos, CA Commercial Inventory Breakdown
Office Spaces
Total: 1,482,578 SF
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
Top 10 Largest Office Buildings
in Cerritos
| Office building | Address | 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 | Year built |
|---|---|---|---|
| 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 |
Cerritos, CA Green Office Space
Tenants in the Los Angeles metropolitan area are beginning to put the availability of energy-efficient workspaces at the top of their list when they look for space. Despite its small size, there is a larger percentage of green properties in Cerritos than in many neighboring Los Angeles County cities. 33% of office buildings over 50,000 square feet are green buildings, totaling 465,000 square feet of energy-efficient space.
One example of a LEED Gold-certified property in the city is the Cerritos Towne Center - 12898 Towne Center Drive. Located on 183rd Street just west of the Artesia Freeway, this building was constructed back in 1993 and contributes nearly 81,000 square feet of energy-efficient space to the Cerritos real estate market.
Perhaps that fact that there is such a high percentage of green buildings should come as no surprise, given that the Los Angeles metro area ranks 13th among the top 30 office markets in the U.S. for the percentage of green, LEED-certified or EPA Energy Star-rated workspaces. The 2017 National Green Building Adoption Index discovered that, since 2005, the amount of green buildings has increased to 38% on average across these markets.
Cerritos, CA's Top Office-Using Sectors
The Cerritos commercial real estate market sees demand from a diverse mix of retail, healthcare, government, and large corporate office users, which call the city home.
- Retail & Auto Sales – the Cerritos Auto Square consolidates all of the auto dealers into one area of Cerritos with easy freeway access, and also attracts a large number of smaller service businesses;
- Healthcare – College Hospital and Delta Dental of California are two of the city's largest employers.
- Government – the ABC Unified School District.
- Corporate Office – companies such as United Parcel Service and AT&T Mobility.
Frequently Asked Questions
How much does office space cost in Cerritos, CA?
The average office rental rate in Cerritos, CA is $27.73 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Cerritos Office Market Trends for more stats.
What is the size of available office spaces in Cerritos, CA?
The Cerritos, CA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 13,192 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Cerritos, CA is 234 square feet, while the maximum rentable space on the market now is 26,150 square feet.
How do I get office space in Cerritos, CA?
Start your search for office space in Cerritos, CA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Cerritos, CA?
There are 26 office listings on the Cerritos, CA market. See all available office spaces for rent.
What other property types are available for lease in Cerritos, CA?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
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...