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    FOR LEASE
    Warehouses

    16201 Commerce Way, Cerritos, CA 90703

    71,712 SF 3.15 ac lot Built 1974
    Entity Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US10-0093282
    Property summary
    AI-generated overview

    This exceptional 71,712-square-foot distribution center is available for lease in Cerritos, California. Located at 16201 Commerce Way, 90703, this single-tenant industrial property offers significant advantages for businesses seeking efficient warehouse and logistics operations in Los Angeles County. The building boasts a substantial 24-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by one loading dock and six dock-high doors, ensuring smooth and efficient material handling. Ample parking is available with 66 parking spaces for employees and visitors. The property features robust electrical power, with 1,200 Amps and 277/480 Volt service, capable of supporting demanding operational needs. The entire 71,712 square feet is currently vacant, presenting a unique opportunity for a single tenant to customize the space to their specific requirements. This prime location in Cerritos offers easy access to major transportation arteries, making it an ideal distribution hub for businesses serving the greater Los Angeles area. The property is situated in Los Angeles County. This is a rare opportunity to secure a large, modern distribution facility in a highly desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1974
    Construction TILT-UP CONCRETE
    Total area 71,712 SF
    Lot 3.15 ac (137,014 SF)
    Zoning code CEM
    APN 7005-013-066
    UPID US10-0093282
    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
    by Request
    Owner & transaction history
    Commerce Way Ca LLC · 2 yrs held
    Commerce Way Ca LLC
    since 2023
    Last sale
    $147.6M
    7 recorded transactions
    2023
    $147.6M
    2021
    2019
    2015
    $144.8M
    2007
    $156.0M
    1998
    $282,500
    1969
    Zoning & alternative use
    CEM · Cerritos, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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