Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    16704 Marquardt Avenue Cerritos, CA 90703

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $0.99 SF/Yr

    Refurbished industrial space with office, dock, and ground loading.

    Type:Industrial
    Property size:
    27,800 SF
    Added:
    Mar 25, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 18 at 9:27 am

    Property Features for 16704 Marquardt Avenue

    General Information

    Standard status
    Active
    Size
    27,800 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Rick McGeagh
    Rick McGeagh

    Listing agent Rick McGeagh License #00912627

    Listing office CBRE - El Segundo

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CBRE - El Segundo

    Overview

    Refurbished Industrial Space Available

    This refurbished industrial space offers 27,800 square feet and includes 5,200 square feet of office space, which may be reduced. The property features two dock-high doors and two oversized ground-level loading doors. It provides easy access to the 5, 91, and 605 Freeways. The first-year rate is available on a 5-year lease signed by December 31, 2025, with the second-year rate at $1.29 NNN.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • OCRV Storage, Inc. — moving to: 6270, 6270 Caballero Blvd, Buena Park, CA 90620
    • Iron Mountain — 6711 Valley View St, La Palma, CA 90623
    • Prologis — 6400 Valley View St, Buena Park, CA 90620
    • Legacy Transportation Services — 6931 Hermosa Cir, Buena Park, CA 90620
    • ALCO MECHANICAL

    Location Insight

    • Map
    • Local Demand
    City
    Cerritos
    County
    Los Angeles
    State
    California
    Longitude
    -118.0372977
    Latitude
    33.879376

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Cerritos Towne Center

      17777 Center Court Dr, Unit 600, Cerritos, CA 90703
      View Details
    • $1.30/mo

      Refurbished Office Space Available

      Recently refurbished office space with easy freeway access.
      13844 Struikman Road, Cerritos, CA, 90703
      View Details
    • $2/mo

      Cerritos Office Space Available

      Office space for rent with freeway visibility and ample parking.
      18000 Studebaker Road, Cerritos, CA, 90703
      View Details
    • $1.58/mo

      Industrial Warehouse with Freeway Access

      Warehouse with truck well and easy freeway access.
      17202 Marquardt Avenue, Cerritos, CA, 90703
      View Details
    • $1.58/mo

      Warehouse Space with Dock Access

      Industrial warehouse space featuring dock high and ground level loading.
      17202-17210 Marquardt Ave, Cerritos, CA
      View Details
    • Contact for pricing

      Cerritos Retail Space Ground Lease

      Former Babies'R'Us space for lease in prime Cerritos location.
      11540 South St, Cerritos, CA 90703
      View Details
    • $1.49/mo

      Cerritos Industrial Park Facility

      Distribution, sales, and service facility with easy freeway access.
      16826-16840 Edwards Rd, Cerritos, CA
      View Details
    • $0.99/mo

      Cerritos Warehouse with Dock Access

      Warehouse space with dock high and ground level loading.
      13875 Artesia Boulevard, Cerritos, CA, 90703
      View Details
    • $0.99/mo

      Cerritos Warehouse with Air Conditioning

      Refurbished warehouse with easy freeway access and air conditioning.
      16707 Edwards Road, Cerritos, CA, 90703
      View Details
    • $1.50/mo

      Industrial Building with Office Space

      Industrial building featuring office space and loading door.
      13909-13919 Struikman Rd, Cerritos, CA
      View Details
    • $0.95/mo

      Cerritos Warehouse with Freeway Access

      Warehouse with direct freeway access and fenced yard for lease.
      16220 Carmenita Road, Cerritos, CA, 90703
      View Details
    • $1.60/mo

      Cerritos Business Center Office Space

      Office space available for rent in Cerritos Business Center.
      16741-16755 Parkside Ave, Cerritos, CA
      View Details

    FAQs

    What type of property is this?
    Warehouse - Refurbished industrial space with office, dock, and ground loading.
    Where is this warehouse located?
    The property is located at 16704 Marquardt Avenue Cerritos, CA.
    What is the lease rate?
    The lease rate is $0.99 SF/Yr.
    What are key features of this property?
    This property features: Easy Access to 5, 91, & 605 Freeways; Two (2) Dock High Doors; Two (2) Oversized Ground Level Loading
    (310) 363-4878
    We can help!
    Listing Contact
    Rick McGeagh
    Rick McGeagh
    Real Estate License ID: 00912627
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!