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Two Cerritos Office Buildings For Sale

18331-18327 Gridley Rd. Cerritos, PA 90807

18331-18327 Gridley Rd., Cerritos, PA, 90807

$11,250,000

For Sale

$11,250,000

Two-story office buildings near Cerritos Mall with redevelopment potential.

Property Size27,520 SF

Price / SF$408.79

AddedDec 3, 2025

Days on Market224

Last RefreshApr 5 at 8:37 pm

Property Features for 18331-18327 Gridley Rd.

General Information

Standard status: Active
Size: 27,520 SF
Property subtype: Office

Building Details

Year Built: 1981

Listing office Coldwell Banker Commercial BLAIR

Listing date Dec 3, 2025

Source Cbcworldwide

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 Coldwell Banker Commercial BLAIR

Investment Insights

Based on property information with market context.

Two two-story office buildings located at 18327 and 18331 Gridley Rd in Cerritos, CA, are available for sale for the first time since 1998. The properties include 14 units totaling approximately 27,520 square feet of improvements (inclusive of the exterior walkways), situated on approximately 75,102 square feet of land. The large on-site parking lot provides ample parking for businesses. All tenants are on month-to-month or short-term leases, making the property attractive for an owner/user, an investor looking for upside potential, or a developer interested in developing close to an acre and a half of land. The properties are located between Los Angeles and Orange County, directly adjacent to the Los Cerritos Center, commonly known as the Cerritos Mall. This 100-acre shopping mall includes high-end stores and dining establishments. The property also benefits from its proximity to the Cerritos Auto Square.

Key Highlights

Prime location adjacent to the Los Cerritos Center (Cerritos Mall) with high‑end retail and dining.
Significant upside potential due to month‑to‑month or short‑term tenant leases.
Large 75,102 SF lot size offering potential for redevelopment.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$660.5k	$24.00
− Vacancy	−$83.9k	−$3.05
EGI	$576.6k	$20.95
− OpEx	−$144.1k	−$5.24
NOI	$432.4k	$15.71

27,520 SF · lease $24.00/SF/yr · vacancy 12.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$6.18M

$5.41M – $7.21M (±1% cap)

NOI $432,449 @ 7.0% cap · market cap 3.84%

Second Best

—

no second resolved use

Theoretical Best

Office A

$8.24M

$7.21M – $9.61M (±1% cap)

NOI $576,599 @ 7.0% cap · market cap 5.13%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

What type of property is this?

Office building - Two-story office buildings near Cerritos Mall with redevelopment potential.

Where is this office building located?

The property is located at 18331-18327 Gridley Rd. Cerritos, PA.

What is the asking price?

The asking price for this property is $11,250,000.

What are key features of this property?

This property features: Prime location adjacent to the Los Cerritos Center (Cerritos Mall) with high‑end retail and dining.; Significant upside potential due to month‑to‑month or short‑term tenant leases.; Large 75,102 SF lot size offering potential for redevelopment.