19112 Gridley Rd, Cerritos, CA 90703-6613

This exceptional investment opportunity presents a 14,720 square foot modern office building situated on a nearly one-acre lot in Cerritos, CA's vibrant commercial district. Completed in 2014, the property enjoys a highly desirable location, within walking distance of the Los Cerritos Shopping Center, Starbucks, Target, and numerous other popular retail establishments. Its convenient plaza location also offers immediate proximity to 85В°C Bakery CafГ©, Gen Korean BBQ, Jollibee, and a variety of other restaurants and shops, ensuring high foot traffic and visibility. The building features ample parking and provides 24-hour access for maximum tenant and client convenience. Low management and maintenance costs have contributed to consistently high occupancy rates since its completion, resulting in a strong return on investment exceeding 7.5%. Approximately 3,500 square feet on the ground floor is currently utilized by the seller, offering immediate use for a new buyer or the possibility of a lease-back arrangement post-closing. This presents a rare chance to acquire a thriving commercial property with significant potential for growth and income generation in a prime Cerritos location. The property's strong performance history and strategic location make it an attractive investment for discerning buyers seeking a stable and profitable asset.