Property profile

17316 Edwards Rd Cerritos, CA 90703

FOR LEASE
Office buildings
Property ID
US09-6457054
35,412 SF 2.64 ac lot Built 1983
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Cerritos office building, located in the desirable Cerritos submarket cluster of Los Angeles County, presents a unique investment opportunity. The property boasts a total of 31,270 square feet, encompassing five individual suites, ideal for a variety of business needs. Currently, 5,054 square feet are available for lease, with suite sizes ranging from 540 to 1,673 square feet, offering flexibility for both small and expanding businesses. The building provides a professional and convenient work environment, featuring customizable suites, some with stunning mountain views. Tenants enjoy convenient amenities such as after-hours keypad access, on-site mail delivery and FedEx boxes, and individual signage for enhanced visibility. While the listing does not specify the number of parking spaces, the property is situated in a prime location within the Cerritos Office Park, offering easy access and high visibility. This is an excellent opportunity to acquire a well-maintained office building in a thriving Los Angeles County submarket. The building's adaptable space and convenient amenities make it an attractive option for a diverse range of businesses seeking a professional and efficient workspace. The available space presents a chance to establish a strong presence in a sought-after location. Contact us today to learn more about this exceptional investment opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1983
Total area 35,412 SF
Lot 2.64 ac (114,845 SF)
Zoning code CEM
APN 7003-004-026
UPID US09-6457054

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

17316 Edwards Rd Cerritos, CA 90703
Cerritos metro Census 554511 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.48M
Blend (final) Blend
$6.12M

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
1997
Price N/A
1995
Price N/A
1992
Price N/A

Zoning & alternative use

CEM · Cerritos, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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