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Property profile & analytics
FOR LEASE
Retail space
11540 South St Cerritos, CA 90703
Entity Owned
Absentee Owner
Free & Clear
Property ID
US10-0106098
For Lease
1 / 6
$4,885,000
11540 South St, Cerritos, CA 90703
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
25,816 SF
Lot
2.35 ac (102,347 SF)
Zoning code
CECR
APN
7039-021-049
UPID
US10-0106098
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.89M
Owner & transaction history
Autozone Parts INC
Autozone Parts INC
since 2025
7 recorded transactions
Zoning & alternative use
CECR · Cerritos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cerritos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cerritos submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$189 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$54,315
Tax year 2024
Assessed value
$4,098,989
Assessed 2024
Previous assessed
$4,098,989
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$2,531,023
Assessed improvement
$1,567,966
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
25,816 SF
Lot
2.35 ac (102,347 SF)
Zoning code
CECR
APN
7039-021-049
UPID
US10-0106098
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
CECR · Cerritos, CA
Zoning CECR · permitted uses
CECR · Cerritos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cerritos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.35 ac
Current owner
From public records · entity-resolved
Autozone Parts INC
Entity
Free & Clear · 0 yrs held
Mailing address
3019 ANDALUCIA DR, WEST COVINA, CA 91791-4208
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2025
—
Autozone Parts INC
Eec Park Place Cerritos LLC
Deed
—
Dec 2, 2009
$2,347,000
Eec Park Place Cerritos LLC
Park Place Cerritos LLC
Grant Deed
—
Dec 2, 2009
—
Lowry David Retirement Trust
Park Place Cerritos LLC
Grant Deed
related
—
Nov 13, 2003
—
Park Place Cerriotos LLC
Aig Global Real Estsate Inv
Grant Deed
$6,400,000 · Nationwide Life Insurance Co
Jan 28, 1999
—
Aig Real Estate Investment
—
Deed Of Trust
related
—
Jan 29, 1992
$5,000
Re L P Kcb
Kcb Dev #9
Grant Deed
related
—
—
—
Eec Park Place Cerritos LLC
—
Deed Of Trust
related
$5,500,000 · East West Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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