18331-18327 Gridley Rd. Cerritos, CA 90807

Located between Los Angeles and Orange County, the properties at 18327 and 18331 Gridley Rd in Cerritos, CA, offer a unique opportunity for an owner/user, investor, or developer. Available for sale for the first time since 1998, the site features two-story office buildings with 14 units, totaling approximately 27,520 square feet of improvements (inclusive of the exterior walkways, title shows 21,706 SF) on approximately 75,102 square feet of land. The large onsite parking lot provides ample parking for businesses. The tenants are on month-to-month or short-term leases, making the property attractive for various business strategies. The properties are directly adjacent to the Los Cerritos Center, also known as the Cerritos Mall, a 100-acre shopping destination with high-end stores and dining establishments. The location is also minutes from the Cerritos Auto Square. The CR- Regional Commercial Zone is intended to provide for the conduct of business serving a regional area including primarily the retail sale of shopping goods and services and a variety of commercial and professional activities. Permitted uses include apparel stores, banks, medical clinics, food stores, furniture stores, health clubs, motels and hotels, restaurants, and more. Suite 1L is 1,034 square feet, Suite 2EF is 1,979 square feet, Suite 2H is 1,781 square feet, and Suite J is 950 square feet. The lease rate for each suite is $1.95/sqft/mo and available immediately.