18714 Gridley Rd Cerritos, CA 90703-5410
Property summary
This exceptional retail property, located at 18714 Gridley Road in Cerritos, California, presents a unique investment opportunity. Boasting a substantial 22,112 square feet of space, this freestanding building offers a versatile layout ideal for owner-occupancy or investment. The property includes a significant 8,855 square foot warehouse component, complete with convenient dock-high loading doors, catering to a variety of business needs. Situated on a generous 49,677 square foot lot, the property provides ample parking with 46 surface spaces, ensuring convenient access for customers and employees. The building was constructed in 1995 and is currently vacant, offering immediate occupancy for a new owner. A key advantage is the presence of an AT&T antenna on the roof, generating supplemental rental income. The property's strategic location directly across from the bustling Cerritos Mall guarantees high visibility and significant foot traffic, making it an attractive proposition for businesses seeking a prominent presence in a thriving retail environment. This is a rare opportunity to acquire a well-maintained, income-producing retail property in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CECR · Cerritos, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for CECR in Cerritos, CA.
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